The trading volume was largely boosted by new TradFi institutions, along with the launch of the first spot Ether ETFs. Related posts: Bitcoin oversold after German gov’t sell-off — ARK Invest Blackrock foresees “very little interest” in crypto ETFs beyond Bitcoin, Ethereum — Bitcoin2024 Coinbase introduces spot crypto trading for institutional investors outside US Final signoff on spot Ether ETFs expected imminently, listings next week — source
