Bitcoin ETF weekly trading volume hits lowest level since October 2024 while ether funds attract comparable inflows despite smaller AUM.
Macro & Markets ·
Bitcoin spot ETF trading volume reached its lowest weekly level since October 2024, according to recent data, signaling a contraction in activity among institutional and retail traders. Meanwhile, ether-focused funds have captured a notable share of capital flows, drawing inflows comparable to bitcoin products over the past three weeks despite maintaining a substantially smaller asset base.
The disparity in momentum reflects shifting investor interest toward ethereum exposure. Ether funds hold roughly one-eighth of the net assets managed by bitcoin ETFs, yet have attracted capital at rates approaching those directed toward the larger bitcoin fund category. This suggests either reallocation from bitcoin positions into ether or independent demand for ethereum exposure.
The sustainability of this trend and whether bitcoin volume recovers to prior levels remain uncertain. No data is available on the underlying drivers of the volume decline or the composition of recent ether inflows—whether they stem from new capital, rebalancing, or other sources.