Are Ether ETFs Powering the Latest Crypto Surge?

• Bitcoin and Ether ETFs hit a record $40 billion in weekly trading volume, with Ether ETFs contributing $17 billion.
• Ether ETFs saw $1.01 billion in daily net inflows and over $3 billion in early August 2025, after a slow 11 months.
• Bitcoin reached $124,000 and Ether hit $4,784, with analysts predicting more growth, though Ether’s new high may take time.

Bitcoin and Ether exchange traded funds (ETFs) just had their best week ever, hitting a record $40 billion in trading volume, as reported on August 15, 2025.

This huge jump was mostly thanks to Ether ETFs coming alive after months of quiet trading. The crypto market gained confidence this week, with Bitcoin reaching a new all time high of $124,000 and Ether getting close to its 2021 peak.

Ether ETFs Lead the Charge

ETF expert Eric Balchunas shared on X that Ether ETFs drove the record week, with $17 billion in trading volume alone. He said they were “asleep” for 11 months but woke up big in July.

On Monday, Ether ETFs saw their biggest day ever, pulling in $1.01 billion in new money. Over the first two weeks of August, they’ve brought in over $3 billion, making it their second best month yet. This comes after a slow start when they launched in July 2024, when Wall Street seemed unsure about Ether’s value. Now, it’s clear big investors are jumping in.

Bitcoin ETFs also did well, Bitcoin hit $124,000 on Thursday, though it’s now down 5.52% to $117,659. Ether reached $4,784, just shy of its 2021 high of $4,878, and is now at $4,486, down 6.20%.

Michael van de Poppe from MN Trading Capital thinks there’s more to come, comparing Ether’s increase to Bitcoin’s rally after its ETF launch in January 2024, when it soared to $73,679 in just two months. He says ETFs are having a huge impact and expects other coins to follow.

Some experts, like Nansen’s Jake Kennis, warn it might take weeks or months for Ether to hit a new high, even though it’s close. With Bitcoin and Ether ETFs pulling in so much cash, it’s a sign the market’s heating up, and investors are eager for what’s next.