Spot Bitcoin and Ethereum ETFs Set Weekly Trading Volume Record
According to a report by Jinse Finance, Bloomberg analyst Eric Balchunas stated that the combined trading volume of spot Bitcoin and Ethereum ETFs reached approximately $40 billion this week, setting a new all-time high. Among them, Ethereum ETFs stood out in particular, with a single-week trading volume of about $17 billion, far surpassing previous records. He described Ethereum ETFs as having "suddenly awakened" since July, unleashing nearly a year's worth of activity within just six weeks.
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