Grayscale’s ETHE hit an all-time high average daily volume in November

The average daily trading volume of Grayscale's Ethereum Investment Trust (ETHE) product grew 220% in November compared to the previous month, according to data compiled by The Block.

The ETHE average daily volume came in at $24.63 million — the highest month on record. November saw $9.43 million more daily volume than the last peak, which occurred in August.

Last week, Grayscale announced a 9-for-1 share split for ETHE.