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Ether ETF Traded Over $1.63 Billion in Past Week, Highest Single Week Volume Since Launch

Ether ETF Traded Over $1.63 Billion in Past Week, Highest Single Week Volume Since Launch

Bitget2024/11/15 17:05
ETH+0.42%


Four months after going live, weekly trading volume for spot Ether ETFs hit its highest level since its launch in August, with more than $1.63 billion traded in the past week, an increase of more than 44 per cent from the previous week. Additionally, from mid-August to the end of October, spot ETH ETF trading volumes declined and stagnated, averaging just $168 million per day. However, that number spiked over the past week, averaging more than $326 million per day in trading volume.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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