Data released by Bloomberg analyst Eric Balchunas shows that several newly approved cryptocurrency ETFs saw strong first-day trading figures. Among them: $GDLC, the first five-asset spot crypto basket ETF, saw $22 million in trading volume; $DOJE, the Dogecoin ETF, saw $12 million in trading volume; and $XRPR, the Ripple ETF, saw $15 million in trading volume. Analysts noted that while these three products' first-day trading volumes fell far short of the previous record-breaking Bitcoin ETF, they still significantly exceeded the average debut day for US ETFs, demonstrating a solid start overall. This performance reflects continued market demand for diversified crypto asset ETFs, which issuers are expected to leverage to further expand their product offerings.