Cumulative spot Bitcoin ETF trading volume exceeds $100 billion.
Breaking the $100 billion mark comes after cumulative trading volume reached nearly $10 billion on Monday and record results last week. Cumulative trading volume for spot Bitcoin ETFs totaled $22.3 billion last week, according to The Block’s data dashboard.
Overall, the three most popular products in terms of volume were those offered by BlackRock, Fidelity, and Grayscale. This Tuesday, BlackRock’s fund set a new record of daily inflows of $788.3 million as Bitcoin hit an all-time high above $69,000 for the first time since November 2021.
Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.
© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.
About the author
RT Watson is a senior reporter at The Block, covering a variety of topics including US-based companies, blockchain games, NFTs, and more. He previously covered entertainment for The Wall Street Journal, writing about Disney, Netflix, Warner Bros. and the creator economy, focusing primarily on technological disruption across media. Previously, she covered corporate, economic and political news in Brazil at Bloomberg. She interviewed a variety of figures for RT, including CEOs, media moguls, top influencers, politicians, blue-collar workers, drug traffickers, and convicted criminals. She holds a Master’s degree in Digital Sociology.
