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The Defiant 2025-02-04 20:51:58

Ethereum ETFs Volume Surges as ETH/BTC Plunges to Lowest Since 2021

Ethereum exchange-traded funds (ETFs) reached unprecedented trading volumes on Feb. 3 as the plunging ETH price versus BTC spurred speculation Ethereum’s native currency has become oversold. On Monday, Ethereum (ETH) ETFs hit an all-time high of $1.5 billion in trading volume, a 23% increase from their previous record of $1.22 billion set on Dec. 19, 2024, according to The Block’s data dashboard, which quotes Yahoo Finance as its source. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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