LATEST: Ethereum ETFs Grow to $5.7 Billion in AUM with Europe Leading

The global Ethereum (ETH) exchange-traded fund (ETF) market, valued at $5.7 billion, is predominantly led by Europe with an 81% share, showcasing the continent’s significant stake in crypto investments. The XBT Ethereum Tracker One (COINETH) stands out as the largest Ethereum ETF worldwide, holding assets close to $3.5 billion. Following closely is the XBT Ethereum Tracker Euro (COINETHE), with $511 million in assets. These funds, based on ETH futures, have pioneered the ETH ETF sector since their inception in October 2017.

Canada and Europe are key players, with the CI Galaxy Ethereum ETF (ETHX) and 21Shares Ethereum Staking ETP (AETH) highlighting the diverse investment avenues within the Ethereum ecosystem. Despite the U.S. Securities and Exchange Commission’s cautious stance, Ethereum ETFs have found a robust market in 13 countries, emphasizing the growing acceptance and investment potential of Ethereum. The landscape features 27 active Ethereum ETFs, underlining the dynamic and expanding nature of Ethereum as a cornerstone for crypto investment strategies.

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