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Launch of Ethereum ETFs by Various Companies
The chapter explores the introduction of Ethereum ETFs by companies like Macha, BlackRock, VanEck, and Bitwise, examining their features and marketing strategies to attract investors. It delves into the debut of the Ether ETFs on the New York Stock Exchange, with a focus on Bitwise's successful launch day and significant inflows despite outflows from ETH. The discussion evaluates the trading performance, inflows, and overall success of the Ethereum ETFs, drawing comparisons to other ETF launches and reflecting on Ethereum's standing in relation to Bitcoin.