Ethereum's technological exploration continues to lead the development of various use cases in the blockchain industry. With the upcoming Pectra upgrade, Ethereum is about to usher in a new technological change. What is the current status of Ethereum's ecosystem and Layer2 network transaction data? At the same time, it has been nearly half a year since the Ethereum spot ETF was approved for listing. Its capital inflow reflects the value development trend of ETH in the traditional financial world to a certain extent. What is the current status in the past week?
Ethereum Spot ETF
According to the data released by Coinglass on February 19, 2025, the total transaction volume of the 9 Ethereum spot ETFs listed on the U.S. securities market reached $355 million, the total market value reached $9.879 billion, and the total asset management scale reached $10.172 billion. The net inflow of funds for these 9 Ethereum spot ETFs in the past week (February 11, 2025 ~ February 19) is as follows:
Overall, the net inflow trend of funds in the past week was relatively concentrated, mainly flowing into the Ethereum ETF (ETHA) issued by Blackrock The Ethereum spot ETF (FETH) issued by Fidelity and ETHA had a net inflow of US$24.6 million (9,121 ETH); FETH had a net inflow of US$45.4 million (16,906.32 ETH).
Layer2 Network
According to the data displayed on the L2BEAT website, the total locked volume (TVL) of Ethereum Layer2 reached $42.61 billion on February 19, 2025, of which Rollups accounted for the largest proportion of TVL, about 83.8%.
△ Ethereum Layer2 total locked volume trend chart
In the development trend of the past year (February 20, 2024 to February 19, 2025), the total locked volume of Ethereum Layer2 reached a relatively high value of $63.66 billion on December 16, 2024.
△ Ethereum Layer2 user activity trend chart
(February 2024 ~ February 2025)
DEX transactions
According to DeFiLlama data, the transaction volume of Ethereum DEX reached US$8.48 billion on February 3, 2025, which was the highest point of the transaction volume recorded by Ethereum DEX on March 12, 2023. Among them, the transaction volume on Uniswap accounted for 65.78%.
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Miyuki