The trading volume of Ethereum spot ETFs has risen to 15%, significantly higher than last year's 3%.

Golden Finance reports that as of September 2025, the trading volume of Ethereum spot ETFs has accounted for 15% of the overall spot market, a significant increase from 3% three months after the ETF launch in November 2024. This trend reflects the growing preference of institutions and retail investors to gain exposure to Ethereum through regulated ETFs rather than holding the tokens directly, in order to avoid self-custody and security risks. The ETF has driven the price of Ethereum up over 30% to around $4,500 since the beginning of the year, but it has also resulted in a large amount of ETH being concentrated in the custody of ETF accomplices, weakening decentralization. As some ETF providers seek to obtain staking permissions, this may change the current state of idle funds in the future. Analysts expect that ETFs will occupy a more dominant position in the Ethereum market structure, and the integration of traditional financial channels with crypto assets will continue to deepen.