According to PANews, the cumulative trading volume of US Bitcoin exchange-traded funds (ETFs) surpassed $150 billion on Tuesday, less than 10 weeks before the US Securities and Exchange Commission (SEC) is expected to approve ETFs from companies like BlackRock, Fidelity, and Bitwise.
Data from The Block's dashboard shows that since the total trading volume of spot Bitcoin ETFs first reached the $100 billion milestone on March 8th, the cumulative trading volume has increased by $50 billion, reaching $151.4 billion by the end of Tuesday.
On Tuesday, the spot trading volume of Bitcoin ETFs was $5.6 billion, with BlackRock's IBIT accounting for $2.5 billion, followed by Grayscale's GBTC and Fidelity's FBTC at $1.5 billion and $962 million, respectively.
