In January, Bitcoin Exchange Traded Funds (ETFs) were launched in the United States for the first time, marking the debut of cryptocurrency ETFs there. It is safe to say that the response to these funds has been positive, with net inflows into Bitcoin ETFs over the past six months exceeding $16 billion. The BlackRock Bitcoin ETF (Ticker: IBIT) set a record as the fastest-growing ETF in history, reaching a size of $10 billion in just a few weeks.

Today is a significant day in the history of Ethereum, the second largest cryptocurrency after Bitcoin, as nine Ethereum ETFs will launch in the United States today.

The world's largest asset management companies are among the managers of these Ethereum ETFs, including BlackRock (iShares), Fidelity Investments, and Franklin Templeton. See a complete of the managers in the image below.

The U.S. Securities and Exchange Commission's approval of Ethereum ETFs is a major recognition for the cryptocurrency sector as a whole. This approval significantly increases traditional investors' access to the two largest cryptocurrencies, Bitcoin and Ethereum, which together account for over 70% of the total market value of all cryptocurrencies.

As previously mentioned, the world's largest asset management company, BlackRock, is launching an Ethereum ETF. The company's website provides well-presented information explaining in simple terms what Ethereum is.

Furthermore, the differences between Bitcoin and Ethereum are discussed and the Ethereum investment opportunity is explained.