
Ether ETFs Record $17B Volume While BMNR Adds 135K ETH
The crypto market has witnessed unprecedented activity in the past week as Ether ETFs reached a record-breaking volume of $17 billion. This surge in trading is not only astonishing but also sends a strong message about the growing interest and demand for cryptocurrency-based funds.
As Ethereum’s price continued to rise, institutional investors have become increasingly active in the market, with BMNR adding an impressive 135,000 ETH (worth approximately $600 million) within just ten hours. This significant move has seen BMNR’s reserves increase by nearly 30% to reach a staggering 1.3 million ETH valued at approximately $5.77 billion.
The unprecedented surge in Ether ETFs and the massive accumulation of Ethereum through BMNR highlights the significant institutional demand for these assets. The data suggests that we might be entering an era where regulatory clarity, combined with the growing adoption of cryptocurrency-based products, could lead to a supply squeeze scenario.
As investors continue to pour into Ether ETFs, it’s essential to note that BMNR’s activities have contributed significantly to this surge in Ethereum supply being absorbed off-exchange. In essence, institutional investors are not only buying up Ether but also supporting the price action through these large-scale transactions.
The fact that the market has seen a consistent growth throughout 2025, and particularly during the past week, should give investors pause for thought. It’s undeniable that we are seeing an influx of capital entering the cryptocurrency space, fueled by the proliferation of ETFs.
Source: cryptotale.org