Bitcoin News Today: Ethereum ETFs Outpace Bitcoin as Crypto ETFs Hit $40 Billion Weekly Volume

U.S.-listed spot Bitcoin and Ether exchange-traded funds (ETFs) logged a record trading week in early August 2025, with combined weekly trading volume hitting $40 billion. Ether ETFs led the charge, accounting for nearly half of the total with $17 billion in volume, significantly surpassing their previous weekly record [1]. This marks the highest single-week trading volume for U.S. crypto ETFs to date, signaling renewed institutional interest and confidence in digital assets [2].

Bitcoin climbed to an all-time high of $124,500 during the week before retreating slightly to around $117,600. Ether, meanwhile, reached $4,784, close to its 2021 peak of $4,866.01, before settling near $4,486 by the end of the week [3]. The price action coincided with strong inflows into Ether ETFs, which saw a record $1.01 billion in net inflows in a single day and over $3 billion in total inflows for the first half of August [4].

The surge in demand for Ether ETFs has been likened to the initial momentum seen in Bitcoin ETFs after their launch in early 2024. ETF analyst Eric Balchunas noted the activity resembled “cramming one year’s worth of action into six weeks,” highlighting a sharp increase in Ethereum-related trading after a long period of subdued demand [1]. The pattern suggests a growing shift in market preference, with Ethereum ETFs outpacing Bitcoin ETFs in inflows for five consecutive days [8].

Analysts attribute the bullish trend to a combination of regulatory clarity and increasing institutional adoption. Recent legislative efforts, including the Clarity Act and frameworks for stablecoin regulation, have contributed to a more favorable environment for crypto assets [5]. This is reflected in the actions of firms like Bitmine, which are accumulating large quantities of Ethereum, currently holding $1.15 million ETH worth over $5 billion, with plans to raise an additional $24.5 billion to expand holdings [6].

Despite the optimism, some analysts urge caution. Jake Kennis of Nansen noted that while Ether is near its all-time high, it may take weeks or months to break through the 2021 peak decisively [1]. Michael van de Poppe of MN Trading Capital, however, believes the market still has upward potential: “There’s way more to come for this cycle” [1].

The ETF performance underscores a broader shift in the crypto market, with institutional investors increasingly viewing digital assets as viable components of diversified portfolios. The renewed momentum in both Bitcoin and Ether ETFs indicates that Ethereum is now playing a more prominent role in the crypto bull market alongside Bitcoin, reflecting the maturation of the digital asset ecosystem and its growing integration into traditional financial markets [10].

Source:

[1] https://www.ainvest.com/news/bitcoin-news-today-crypto-etfs-hit-40b-weekly-volume-ether-rallies-2021-high-2508/

[2] https://www.bitget.com/news/detail/12560604915318

[3] https://www.gemini.com/es-LA/blog/bitcoin-touches-new-all-time-high-eth-etfs-record-first-usd1-billion-net

[4] https://www.cnbc.com/2025/08/14/crypto-market-today.html

[5] https://www.mitrade.com/insights/news/live-news/article-3-1045367-20250816

[8] https://finance.yahoo.com/news/ethereum-etf-inflows-outpace-bitcoin-175224466.html