It was the highest-ever weekly trading volume for Bitcoin and Ether ETFs, largely due to Ether ETFs “stepping up big,” says an ETF analyst.
US-based spot Bitcoin and Ether exchange-traded funds (ETFs) just logged their strongest week of combined trading volume yet, according to an ETF analyst.
“Biggest week ever for them, thanks to Ether ETFs stepping up big,” ETF analyst Eric Balchunas said in an X post on Friday.
“Ether ETFs’ weekly volume was about $17b, blowing away record, man did it wake up in July,” Balchunas said.
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