Ethereum spot ETF hits record weekly trading volume since launch

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According to a report by The Block, the trading volume of the Ethereum spot ETF exceeded $1.63 billion in the past week, an increase of more than 44% from the previous week, setting a new weekly trading volume high since its launch in August.

From mid-August to the end of October, the trading volume of the Ethereum spot ETF declined and stagnated, with an average of only $168 million per day. However, the trading volume has surged in the past week, with an average daily trading volume exceeding $326 million.

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