$BTC $BTC $ETH Bitcoin Spot ETF trading started on the United States stock exchange yesterday, Thursday (11/01). The trade volume of the newly approved products has reached US$3.5 billion or the equivalent of IDR 54 trillion.

There are at least 11 companies that provide Bitcoin Spot ETF trading services, such as BlackRock to Grayscale. The Grayscale Bitcoin Trust is known to be the best seller with a transaction value reaching US$1.7 billion.

Meanwhile, BlackRock's iShares Bitcoin Trust has traded for up to US$880 million. For information, the United States Securities and Exchange Fund (SEC) just legalized the Bitcoin Spot ETF on Wednesday (10/01).