Bloomberg analysts: Thanks to the surge in trading volume of Ethereum ETFs, the combined trading volume of Bitcoin and Ethereum spot ETFs reached a record high this week

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that this week, the trading volume of spot Bitcoin and Ethereum ETFs reached approximately $40 billion, setting a new historical high, thanks to the strong surge of the Ethereum ETF. The massive trading volume is equivalent to the total of the top five ETFs or the top ten stocks.

Among them, the weekly trading volume of the Ethereum ETF is about $17 billion, a record high. "It's as if it has been asleep for 11 months and then compressed a year's worth of trading volume into just 6 weeks."