Bitcoin and ether ETFs draw $2.6 billion as trading volume triples

Institutional hunger for crypto just hit a fever pitch. Investors poured $2.6 billion into bitcoin and ether ETFs last week, marking the strongest stretch of inflows since October. The surge didn't stop at new capital; total weekly trading volume for these funds more than tripled, hitting a massive $29 billion as prices across the board rallied. It's a striking U-turn for products that have struggled to find consistent momentum earlier this quarter. While the sudden activity suggests a shift in market sentiment, the broader picture remains complicated. Despite the recent influx of cash, both bitcoin and ether ETF categories are still sitting in negative territory for the year. The heavy trading suggests that while volatility is back, long-term holders are still waiting for a sustained breakout to erase earlier losses. The big question is whether this $29 billion volume spike is a fleeting reaction to price action or the start of a deeper institutional trend.