Within three months of its launch, the total trading volume of spot exchange-traded funds (ETFs) based on the first cryptocurrency surpassed $200 billion.
This marks a significant increase from the previous record in March, when the monthly trading volume reached $111 billion.
On April 9, SoSoValue reported that the trading volume for Bitcoin ETFs was $2.91 billion, which is a notable decrease compared to the peak of $9.9 billion on March 5.
The dominance within the sector continues to be held by three ETFs from Grayscale (GBTC), BlackRock (IBIT), and Fidelity (FBTC). In recent days, the majority of trading volume went to IBIT, with a total of $1.4 billion (48%) during the last trading session.
