ChainCatcher reported that according to The Block, the Ethereum spot ETF's trading volume exceeded $1.63 billion in the past week, an increase of more than 44% from the previous week, setting a new weekly trading volume record since its launch in August.

From mid-August to the end of October, Ethereum spot ETF trading volume declined and stagnated, averaging only $168 million per day. However, trading volume soared in the past week, with an average daily trading volume of more than $326 million.