The Ethereum ETF traded more than $1.63 billion in the past week, setting a record for the highest weekly volume since its launch

Four months after its launch, the weekly trading volume of the spot Ethereum ETF hit its highest level since its launch in August, with more than $1.63 billion traded in the past week, an increase of more than 44% from the previous week.
In addition, from mid-August to the end of October, spot ETH ETF trading volumes declined and stagnated, averaging just $168 million per day. However, this figure has skyrocketed over the past week, averaging more than $326 million per day.