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Data: Ethereum CEX spot trading volume reached approximately $480 billion in August
2days ago

According to Odaily Planet Daily, monthly spot trading volume for ETH on centralized exchanges reached approximately $480 billion in August, surpassing Bitcoin (BTC)'s $401 billion. Several companies, such as BitMine Immersion and SharpLink Gaming, disclosed large ETH purchases, driving up their holdings. During the same period, US spot ETH ETFs saw a net inflow of $3.95 billion, while BTC ETFs saw a net outflow of $301 million. ETH is up over 105% year-to-date, while BTC is up approximately 18%. (The Block)