以太坊 ETF 的开端好坏参半

第一个现货以太坊 ETF 的推出是加密货币领域的一件大事。然而，这些资金的进入并没有产生预期的热情。

The launch of the first spot Ethereum ETFs was a highly anticipated event in the crypto world. However, the entry of these funds into the market failed to generate the expected enthusiasm.

首只现货以太坊 ETF 的推出是加密世界备受期待的事件。然而，这些资金的进入并没有产生预期的热情。

Despite these difficult beginnings, some market players remain optimistic about the potential of these new financial instruments.

尽管起步困难，一些市场参与者仍然对这些新金融工具的潜力持乐观态度。

Mixed beginnings for Ethereum ETFs

以太坊 ETF 的开端好坏参半

Following SEC approval, nine companies quickly launched spot Ethereum ETFs. But the initial performance fell short of expectations.

在 SEC 批准后，九家公司迅速推出了以太坊 ETF 现货。但最初的表现却没有达到预期。

Several of these funds experienced a difficult launch. For instance, the Franklin Ethereum ETF (EZET) saw a drop of around 10% from its launch. Grayscale's Ethereum ETF (ETHE) also witnessed a significant drop in its assets under management, which fell notably from over $9 billion to $7.4 billion.

其中一些基金的发行经历了困难。例如，富兰克林以太坊 ETF (EZET) 自推出以来下跌了约 10%。 Grayscale 的以太坊 ETF (ETHE) 管理的资产也大幅下降，从超过 90 亿美元大幅下降至 74 亿美元。

On the other hand, Grayscale's Ethereum Mini Trust (ETH) recently saw an increase in capital inflows. The same goes for BlackRock's iShares Ethereum Trust (ETHA). The ETHA fund attracted around $71 million, while the Mini Trust raised $58 million. These competing funds seem to be benefiting from better investor acceptance, seeking to minimize costs while remaining exposed to Ethereum.

另一方面，灰度的以太坊迷你信托（ETH）最近出现了资本流入的增加。贝莱德的 iShares 以太坊信托 (ETHA) 也是如此。 ETHA 基金吸引了约 7100 万美元，而 Mini Trust 则筹集了 5800 万美元。这些竞争基金似乎受益于投资者更好的接受度，寻求最大限度地降低成本，同时保持对以太坊的投资。

Future prospects for these funds

这些基金的未来前景

David Mann, head of ETF products and capital markets at Franklin Templeton, expressed moderate expectations regarding these new products: “We think they will be successful, but it is unlikely that they will reach the same level of assets as Bitcoin ETFs.”

富兰克林邓普顿 ETF 产品和资本市场主管 David Mann 对这些新产品表达了温和的预期：“我们认为它们会成功，但它们不太可能达到与比特币 ETF 相同的资产水平。”

This statement reflects caution about the reception of Ethereum ETFs, as the market is still assessing their potential.

这一声明反映出人们对以太坊 ETF 的接受持谨慎态度，因为市场仍在评估其潜力。

However, Ben Johnson of Morningstar provided a balanced perspective, explaining that the volumes observed for these ETFs are proportional to Ethereum's size compared to Bitcoin.

然而，晨星公司的本·约翰逊（Ben Johnson）提供了一个平衡的观点，解释说观察到的这些 ETF 的交易量与以太坊（与比特币相比）的规模成正比。

“There is a healthy appetite, healthy volume, healthy demand,” he stated, emphasizing that Ethereum ETFs could gradually gain popularity and adoption, despite their timid beginnings.

他表示：“有健康的胃口、健康的交易量和健康的需求。”他强调，以太坊 ETF 可能会逐渐受到欢迎和采用，尽管一开始还很谨慎。

Ethereum ETFs have certainly not yet reached the resounding success of Bitcoin ETFs. But despite their hesitant start, these funds offer a practical and cost-effective way for investors to access the crypto market.

以太坊 ETF 当然尚未取得比特币 ETF 的巨大成功。尽管起步犹豫不决，但这些基金为投资者进入加密市场提供了一种实用且经济高效的方式。

The future of these products will depend on Ethereum's ability to maintain its market position and investors' interest in diversifying their portfolios with digital assets. Hopefully, the situation will change this week!

这些产品的未来将取决于以太坊维持其市场地位的能力以及投资者对数字资产多样化投资组合的兴趣。希望本周情况会有所改变！

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通过我们的“阅读赚钱”计划最大化您的 Cointribune 体验！您阅读的每篇文章均可赚取积分并获得独家奖励。立即注册并开始累积福利。

A Sciences Po Toulouse graduate and holder of a blockchain consultant certification from Alyra, I joined the Cointribune team in 2019.

我是图卢兹政治学院的毕业生，拥有 Alyra 的区块链顾问认证，于 2019 年加入 Cointribune 团队。

vinced of blockchain's potential to revolutionize multiple sectors of the economy, I am committed to raising awareness and informing the general public about this ever-evolving ecosystem.

我坚信区块链具有彻底改变经济多个部门的潜力，因此致力于提高公众对这个不断发展的生态系统的认识并让其了解。

My goal is to enable everyone to better understand blockchain and seize the opportunities it offers. Every day, I strive to provide an objective analysis of the news, decipher market trends, relay the latest technological innovations, and put the economic and societal issues of this ongoing revolution into perspective.

我的目标是让每个人都能更好地了解区块链并抓住它提供的机会。每天，我都努力提供客观的新闻分析，解读市场趋势，传达最新的技术创新，并正确看待这场正在进行的革命的经济和社会问题。