New US spot crypto exchange-traded products featuring native staking features from Grayscale saw subdued trading volumes during their debut day. While the launch of the Grayscale Ethereum Mini Trust (ETH) and Grayscale Ethereum Trust (ETHE) marked a significant milestone, trading activity for both funds fell below expectations. 30-day moving average levels were also significantly impacted by this new addition. A key reason behind the muted response is likely linked to increased investor attention on the Bitcoin market, as prices reached an all-time high of over $126,000. This caused a surge in Bitcoin ETF inflows, while Ethereum ETFs saw slower growth. Grayscale’s launch was met with limited enthusiasm from investors seeking exposure to new yield-generating features, leading to subdued trading volume. Overall, the success and adoption of these new products will likely depend on continued regulatory support, broader institutional investment interest, and a market landscape that prioritizes crypto products and their unique functionalities.