The first batch of Ethereum ETFs in the United States had a strong first day of trading, with more than $500 million traded in just a few hours between the opening of the US market and noon in New York. While this is a far cry from the $4.60 billion trading volume when the spot bitcoin ETF was launched in January, it is still a strong start to the first day of trading for ETFs. Several of these funds are expected to rank among the 50 most traded US ETFs on the first day of trading in history.