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.