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.