Key Points
- U.S. spot Bitcoin ETFs have achieved a cumulative trading volume of over $100 billion since their January debut.
- BlackRock, Fidelity, and Grayscale's products are the most popular in terms of volume.
The U.S. spot Bitcoin ETFs, which launched in January, have seen a surge in activity, leading to a significant milestone.
In the past fortnight, the price of Bitcoin has soared to new heights, with the spot Bitcoin ETFs reaching a trading volume of over $100 billion, as per data from Yahoo Finance.
Record-Breaking Trading Volumes
This achievement follows a nearly $10 billion cumulative trading volume on Monday and a record-breaking result last week.
The cumulative trading volumes for the spot Bitcoin ETFs reached a record $22.3 billion last week.
Most Popular Products
The products offered by BlackRock, Fidelity, and Grayscale have been the most popular in terms of volume.
Earlier this week, BlackRock's fund saw a new record for daily inflows of $788.3 million, as Bitcoin reached a new all-time high above $69,000 for the first time since November 2021.
