Bitcoin and Ether ETFs make it big after recording $40B in volume over the past week.

ETF analyst, Eric Balchunas, posted the news first , linking the performance to the Ether’s ETFs record-breaking $17B weekly volume.

This comes during the same week that Bitcoin reached a new ATH of $124,000, while $ETH got 1.94% away from its previous 2021 record of $4,878, after trading at $4,784 on Thursday.

Analyst Michael van de Poppe warns that this is just the beginning and that $ETH will likely push for another ATH soon during this cycle.

The Driving Factors Behind the Current Crypto Push

The main factors behind the ongoing market rally are the increasingly favorable legislative framework and the growing institutional adoption stemming from it. It’s as simple as that.

Trump’s GENIUS Act

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