“It is worth noting that the proposal removes the staking component”

Investors have traded more than $1 billion worth of shares of newly launched ether exchange-traded fund (ETF) issuers since day one, according to data from Bloomberg.

Volume represents the dollar amount of shares traded and does not provide any indication of whether these transactions represent entries or exits. It is also unclear whether the investments are made with a long-term vision or for short-term gains, such as arbitrage transactions.

For example, spot bitcoin ETFs saw $4.5 billion in trading volume on launch day, but only $600 million of that represented inflows.

With a total volume of $1.077 billion, the funds were able to record approximately 20% of the trading volume recorded by spot bitcoin ETFs on the launch day.

While the interest and analysis on Ether ETFs continues, Bitget General Manager Gracy Chen shared his evaluations.

Chen emphasized the importance of Ethereum ETFs in the process, noting that the staking component remains outside of this scope, saying, “The approval of Ethereum ETF transactions marks a significant milestone in the crypto space, reflecting the ongoing innovation and increasingly mature regulatory environment surrounding crypto assets. While the Ethereum ETF has been approved, it is worth noting that the proposal removes the staking component. Ark Invest, 21Shares, BlackRock, and others have stated that they will not stake a portion of the trust’s assets as a measure to reduce the risk of ETH being classified as a security.”

The general manager added his analysis of ethereum etfs to his comments, highlighting projects that could potentially be positively affected, saying, “As a result, analysts believe that an Ethereum ETF without staking could see less interest in the market. However, this could benefit the crypto staking sector, such as LIDO, ETHFI, and ecosystem application tokens such as ENS, MKR, UNI, LINK, and MEME coins such as PEPE, SHIB, FLOKI.”