BlockBeats news, on August 16, according to Bloomberg ETF analyst Eric Balchunas, this week, the trading volume of spot Bitcoin and Ethereum ETFs is approximately $40 billion, hitting a historic high, thanks to the strong surge in Ethereum ETFs. The massive trading volume is equivalent to the sum of the top five ETFs or the top ten stocks.
Among them, the weekly trading volume of Ethereum ETFs is approximately $17 billion, setting a record high. 'It’s like it was asleep for 11 months, then compressed a year's trading volume into 6 weeks.'