The volume and number of Ethereum futures surpassed Bitcoin prior to the merger.

According to a new report by Tom Rogers, head of research at ETC Group, last month was the “first time since registrations began that the volume of futures trading of Ethereum surpassed Bitcoin, at 1.07 [trillion] dollars over the month.” This is in stark contrast to data from the past three years, which shows that “the volume of Bitcoin futures has generally surpassed its closest rival by a ratio of between 2:1 and 5:1,” the report says.

Data provided by Bitinfocharts shows that on September 4, the total number of transactions on Ethereum was 459,451 versus 421,019 on Bitcoin. Over the past week, the price of Ether rose by 7% compared to a 4% increase for BTC, underscoring the fact that trading volumes tend to correlate with price movements.

Given this, interest in Ethereum has surpassed that of Bitcoin since the lows in mid-June, with the price of Ether increasing by 95% compared to a 20% increase for BTC during the same p Period.