Ether Spot ETF Hits New Weekly Trading Volume High Since Launch
On 16 November, The Block reported that over $1.63 billion of Ether Spot ETFs were traded in the past week, an increase of more than 44% from the previous week and the highest weekly trading volume since its launch in August.
From mid-August to the end of October, trading volume in spot Ether ETFs declined and stagnated, averaging just $168 million per day. However, trading volumes have soared over the past week, averaging more than $326 million per day.
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