Bitcoin & Ethereum ETFs Smash New Record with $11.5 Billion in Trading Volume

Cryptocurrency markets experienced a monumental surge in the popularity of exchange-traded funds (ETFs) for Bitcoin and Ethereum on August 14th, reaching an unprecedented combined trading volume of $11.5 billion. This remarkable figure, as noted by Bloomberg ETF analyst Eric Balchunas on X, has mirrored the daily trading volume observed with shares of tech giant Apple. Experts attribute this surge to increased institutional interest in cryptocurrency as a regulated investment avenue and growing investor confidence surrounding clear regulatory frameworks.