Coin World reports that according to Bloomberg analyst Eric Balchunas, the trading data on the first day of multiple newly approved cryptocurrency ETFs is strong. Among them: the first five types of a basket of spot crypto ETFs $GDLC had a transaction volume of 22 million dollars; the Dogecoin ETF $DOJE had a transaction volume of 12 million dollars; the Ripple ETF $XRPR had a transaction volume of 15 million dollars. Analysts stated that although the trading volume of these three products on their first day is significantly lower than the record performance of previous Bitcoin ETFs, it still notably exceeds the average level of first-day trading for U.S. ETF products, indicating a solid overall start. This achievement reflects the ongoing demand in the market for diversified crypto asset ETF products, and issuing institutions are expected to further expand their product matrix.