April

Record

ether.fi

Cash

Daily

Ether.fi's crypto card product, <a href="https://x.com/ether_fi" rel="noopener noreferrer nofollow">@ether_fi</a> Cash, has recorded its highest weekly spend volume to date. According to data from <a href="https://x.com/chainspect_app" rel="noopener noreferrer nofollow">@chainspect_app</a>, users spent $31.73 million through the card in a single week, which works out to roughly $4.5 million per day.
The figure adds to a run of strong usage numbers for the self-custodial Visa product, which has become a larger part of the wider Ether.fi business and a point of interest for holders of <a href="https://x.com/search?q=%24ETHFI&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$ETHFI</a>.
<h2 id="how-the-record-fits-recent-card-volumes">How the Record Fits Recent Card Volumes</h2>
Other trackers have recorded similar weekly levels in recent weeks. SpendNode measured <a href="https://www.spendnode.io/crypto-cards/ether-fi/" rel="noopener noreferrer nofollow">$33.10 million of Ether.fi card activity in the week ending October 4</a>, followed by $31.62 million in the week ending October 11. Methodologies differ between data providers, so weekly totals are not directly comparable across platforms.
On a monthly basis, Paymentscan, which tracks card activity onchain, reported that Ether.fi card users spent $123.7 million in September 2026 across 1.5 million transactions and 48,162 active addresses, according to a <a href="https://www.timesargus.com/online_features/press_releases/ether-fi-deploys-moonpays-full-infrastructure-stack-to-bring-money-in-around-and-out-of/article_30d743bf-27e3-57f2-94c9-047282d9775b.html" rel="noopener noreferrer nofollow">press release distributed by Ether.fi</a>. That compares with $24.1 million in September 2025, an increase of more than five times in twelve months. The same release said the card has processed $918.1 million in cumulative spend since launching in April 2025.
Ether.fi has also said its monthly card volume rose in 13 of the last 15 months, even as bitcoin fell roughly 27% over the past year. Those figures come from the company's own release, so readers should treat the comparison as issuer-reported.
<h2 id="why-card-spend-matters-for-ethfi">Why Card Spend Matters for ETHFI</h2>
Ether.fi started as a liquid restaking protocol and has moved toward consumer payments. <a href="https://cryptobriefing.com/ether-fi-cash-exceeds-800m-spend/" rel="noopener noreferrer nofollow">Crypto Briefing reported</a> that Cash accounted for 26% of Ether.fi's total revenue in the first quarter of 2026, up from 14.2% in the fourth quarter of 2025. The card is a Visa-linked product that lets users spend directly from their crypto vaults.
Market share data also points to Ether.fi's lead among onchain cards. <a href="https://cryptowatchdaily.com/news/visa-crypto-card-spend-surges-525-as-ether-fi-dominates-volumes/" rel="noopener noreferrer nofollow">Crypto Watch Daily reported</a> that Ether.fi's Cash card accounted for $55.4 million of tracked Visa crypto card volume in December 2025, over 60% of the market among tracked issuers.
Card spend is also a focus for token holders because of buyback activity tied to the product. Analysis published by TechFlow noted that weekly Cash spending had risen over an eight-week period while buyback funding stayed fixed, a point of debate among $ETHFI holders.
Are you bullish on $ETHFI? Weekly card volumes are one metric to watch alongside revenue, buyback structure and broader market conditions.
Sources:
<a href="https://www.spendnode.io/crypto-cards/ether-fi/" rel="noopener noreferrer nofollow">SpendNode: ether.fi crypto card volume</a> <a href="https://cryptobriefing.com/ether-fi-cash-exceeds-800m-spend/" rel="noopener noreferrer nofollow">Crypto Briefing: Ether.fi CASH passes $800M in total spend</a> <a href="https://www.timesargus.com/online_features/press_releases/ether-fi-deploys-moonpays-full-infrastructure-stack-to-bring-money-in-around-and-out-of/article_30d743bf-27e3-57f2-94c9-047282d9775b.html" rel="noopener noreferrer nofollow">Ether.fi press release on MoonPay infrastructure and card spend</a>

Ether.fi Cash Crypto Card Posts Record Weekly Spend of $31.73 Million

Table of Contents

BSCN

Other articles published on Nov 1, 2026

Join our free newsletter for daily crypto updates!