Bitcoin and Ether exchange-traded funds record $40 billion in trading in the largest week ever
- During the past week, Bitcoin and Ether spot funds in the U.S. achieved about $40 billion in weekly trading volume, the highest in the history of these funds
- The primary driver was Ether funds with about $17 billion weekly, after nearly 11 months of inactivity, with renewed strong interest from institutional and individual investors
- Key figures:
- Monday was the largest day of inflows for spot Ether funds at $1.01 billion
- On Wednesday, $729 million was recorded as the second-largest day of inflows
- BlackRock's iShares Ethereum ETF symbol ETHA attracted over $500 million in a single day and was one of the main beneficiaries
- Coinciding with this activity:
- Bitcoin reached a new all-time high of $124,000 on August 14, 2025
- Ether reached $4,784, just 1.94% lower than its all-time high of $4,878 in November 2021
- After the peaks, there was a moderate decline in prices:
- Bitcoin dropped about 5.52% to around $117,659
- Ether fell about 6.20% to $4,486 mid-week
- Summary:
- The market is in a phase of broader institutional interest, especially towards Ethereum
- Many analysts are comparing the rise of Ether driven by the ETF to Bitcoin's surge after the launch of its funds in 2024
- Record volumes and flows indicate a strong return of momentum in crypto funds, with a notable focus on Ethereum funds
