Seven months after Bitcoin made its big debut on Wall Street, it was Ethereum's time to enter the spotlight.

Spot Ethereum exchanged-traded funds — nine different ETFs from eight issuers — began trading Tuesday and turned the normally staid world of ETF trading into a bonanza.

On their first day of trading on U.S. exchanges, ether ETFs generated more than $1.019 billion in cumulative trading volume, according to Yahoo Finance data compiled by The Block Pro Research.

The Grayscale Ethereum Trust (ticker: ETHE) led the way at $456 million, accounting for nearly half of the total volume. BlackRock's iShare Ethereum Trust (ETHA) (24%, or $240 million) and Fidelity Ethereum Fund (FETH) (13%, or $136 million) were next in line.

The 11 spot bitcoin ETFs have amassed a nearly $60 billion …