According to the latest data from research company Kaiko, while the trading volume of ETH-based ETFs reached an astonishing figure of over $1 billion on their first day, this did not result in a significant increase in the volume of ETH trades on centralized exchanges. However, it is noteworthy that the global share of the crypto market for ETH has shown a clear rise. Specifically, the volume of ETH transactions as a proportion of BTC has climbed from 22% to 41%. This indicates that the trading activities within the Ethereum market are accelerating at a rapid pace. This phenomenon reflects an ongoing increase in investor interest and transaction demand for Ethereum, suggesting that its position and influence within the cryptocurrency market are growing.