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US spot bitcoin ETFs top half a trillion dollars in cumulative trading volume less than a year after launch The Block 14 nov. 2024

US spot bitcoin ETFs top half a trillion dollars in cumulative trading volume less than a year after launch 📈

USA Bitcoin BlackRock

US spot bitcoin ETFs have achieved a significant milestone, surpassing $500 billion in cumulative trading volume less than a year after their launch. This impressive feat highlights the growing interest and confidence in bitcoin as a viable investment vehicle.

The surge in volumes is underscored by a record-breaking $5 billion trading day for BlackRock’s IBIT, a leading bitcoin ETF in the market. This extraordinary trading activity reflects investors’ fascination and the increasing mainstream acceptance of cryptocurrency-based financial products.

Furthermore, the bitcoin ETFs have attracted $2.4 billion in net inflows this week alone. This inflow signifies robust investor demand and a strong momentum that could potentially drive further growth and adoption in the bitcoin ETF market.

Sursă: www.theblockcrypto.com ↗

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