Ethereum Futures ETF Daily Trading Volume Hits Record Level

On Tuesday, the daily trading volume for Ethereum futures ETFs reached a record high as excitement grew over potential spot approvals from the US Securities and Exchange Commission.

The ETFs generated $47.75 million in trading volume, surpassing the previous high of $34.18 million set on March 5 when the price of Ether was nearing $4,000.

This increase was followed by a spike in trading volume on Monday, with ProShares’ Ether Strategy ETF (EETH) accounting for 90% of the total volume at $43.14 million.

VanEck’s Ethereum Strategy ETF (EFUT) and Bitwise’s Ethereum Strategy ETF (AETH) ranked second and third, respectively, with volumes of $2.6 million and $2.01 million.