Ethereum Spot ETF Sees Record Weekly Trading Volume Since Inception

BlockBeats News, November 16th, according to The Block, in the past week, the trading volume of Ethereum spot ETF exceeded $16.3 billion, a growth of over 44% compared to the previous week, setting a new weekly volume high since its launch in August.

From mid-August to the end of October, the trading volume of the Ethereum spot ETF declined and remained stagnant, averaging only $1.68 billion per day. However, the volume surged in the past week, with an average daily trading volume of over $3.26 billion.