Ethereum ETF's trading volume exceeded US$1.63 billion in the past week, setting a record for the highest weekly trading volume since its launch

Four months after its launch, the weekly trading volume of the spot Ethereum ETF hit its highest level since its launch in August. In the past week, the trading volume of the Ethereum ETF exceeded US$1.63 billion, an increase of more than 44% from the previous week.

In addition, from mid-August to the end of October, spot ETH ETF trading volume declined and stagnated, averaging only $168 million per day. However, this number has soared in the past week, with an average daily trading volume of more than $326 million. (TheBlock) #crypto2023A