Odaily News As cryptocurrency markets tumbled following President Trump’s tariff announcement over the weekend, trading volumes for nine U.S. Ethereum spot ETFs hit all-time highs on Monday.
Data shows that these Ethereum ETFs had a trading volume of $1.5 billion on February 3, 23% higher than the previous record of $1.22 billion set on December 19 last year.
Among them, BlackRock ETHA had the highest trading volume of $736 million, followed by Grayscale's converted ETHE fund with a trading volume of $415 million and Fidelity FETH with a trading volume of $155 million, reflecting their respective market shares according to this indicator.
James Butterfill, head of research at CoinShares, said: "Ethereum's daily trading volume across all cryptocurrency exchanges also reached $15 billion (a record high), but ETFs only accounted for 10% of it." (The Block)