Major Cryptocurrencies Drive Record Trading Volumes and ETF Inflows
Major Cryptocurrencies Drive Record Trading Volumes and ETF Inflows
South Korea's Upbit exchange experienced a record-breaking $830 million in hourly trading volume, primarily fueled by strong activity in XRP, marking a significant market rebound. Concurrently, US-listed Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs) achieved their most successful week since October, attracting a combined $2.6 billion in inflows. Bitcoin products accounted for the majority of these inflows, while Ethereum funds notably reversed previous outflows, signaling strong investor confidence in the leading digital assets.
South Korea’s Upbit recorded 1.15 trillion won, roughly $830 million, in trading volume within a single hour on Saturday, with XRP and TRUMP dominating the surge. The spike extends a rebound that began the previous day, when Upbit’s daily volume already jumped 273%. What Drove Upbit’s Record Hourly Volume XRP led the charge by a
US-listed Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds each recorded their largest week since October 2025, drawing a combined $2.6 billion in the seven days ended August 21. Bitcoin products captured $1.92 billion of that sum. Ethereum funds added $697.18 million, reversing a $391.96 million combined outflow the previous week. Bitcoin and Ethereum ETFs Hit