Ethereum ETFs Break Records with Massive Weekly Volume Surge

US-based spot Bitcoin and Ether exchange-traded funds (ETFs) experienced record-breaking weekly trading volume, surpassing $40 billion according to a Bloomberg analyst. This historic performance marks a significant milestone for crypto ETFs, comparable in volume to the top five or ten stocks on major exchanges. Notably, Ethereum’s ETFs witnessed their biggest weekly volume ever with over $17 billion traded, exceeding previous records by a substantial margin.