U.S. Bitcoin Spot ETF, Cumulative Trading Volume Nears 1 Trillion Dollars
The cumulative trading volume of the U.S. Bitcoin (BTC) spot ETF is on the verge of surpassing 1 trillion dollars 18 months after its launch. According to The Block, the cumulative trading volume so far amounts to approximately 995.2 billion dollars, and considering the recent daily trading volume is at the level of 2.3 billion to 4.4 billion dollars, it is expected to exceed 1 trillion dollars soon.
This shows that the Bitcoin spot ETF is rapidly establishing its presence in the traditional financial market and that access to cryptocurrency by institutional and individual investors is becoming increasingly full-fledged. In particular, if the demand for Bitcoin investment through the ETF leads to long-term capital inflow, expectations are growing that it could have a positive impact on the entire market.