This week, crypto exchange traded funds ETFs focused on etherium futures entered the U.S. stock market. However, this event did not become a driver of institutional investors’ activation.
K33 Research found that the trading volume of ether futures ETFs amounted to only 0.2% of the transactions with the bitcoin-focused BITO fund. This instrument appeared on the US stock market in October 2021.
K33 analysts Vetle Lunde and Anders Helseth concluded that most institutional investors have ignored the emergence of ETFs on etherium futures.