Grayscale filed an S-1 to launch GWLD, a Worldcoin ETF on Nasdaq, triggering an ~8% WLD jump and record volume. The move highlights growing investor appetite for spot crypto products and could bolster demand for Grayscale's ETH-trusts, including ETHE, if regulators advance crypto ETF approvals. WLD's YTD -26% indicates ongoing volatility in nascent digital assets.
Nine ether ETFs launched, totaling $106.7 million inflows on debut. Ether ETFs trading volume was $1.1 billion compared to $4.5 billion for Bitcoin. ETHE saw significant outflows, contrasting other ether ETFs' new capital attractions. Institutional demand for ether ETFs expected to rise in coming months. Grayscale's high fees contribute to ETHE's outflow, prompting Ethereum Mini Trust launch.