In just one year, U.S. spot Bitcoin exchange-traded funds (ETFs) have crossed a major milestone, exceeding $750 billion in total trading volume since their introduction in January 2024.
After launching to much anticipation, spot Bitcoin ETFs rapidly gained traction, reaching $100 billion in volume by March 2024 and doubling that figure by April, fueled by Bitcoin’s surge to an all-time high close to $74,000.
However, as the overall crypto market slowed down, Bitcoin’s price consolidation between $50,000 and $70,000 for several months resulted in a dip in ETF trading activity.
A major rebound occurred after the U.S. presidential election in November 2024, with Bitcoin’s rally following Donald Trump’s pro-crypto stance, propelling spot Bitcoin ETFs past the $500 billion mark in just one week.
By the end of trading on Thursday, U.S. spot Bitcoin ETFs had reached a cumulative volume of $753.2 billion.
This makes them among the most traded ETFs in the world, rivaling traditional financial products like the Vanguard S&P 500 ETF (VOO) and the Invesco QQQ Trust (QQQ) Nasdaq-100 Index.
Ethereum (ETH) has just triggered a golden cross against Bitcoin (BTC)—a technical pattern that has historically preceded massive altcoin rallies.
Veteran trader Peter Brandt has reignited discussion around Bitcoin’s long-term parabolic trajectory by sharing an updated version of what he now calls the “Bitcoin Banana.”
Bitcoin is once again mirroring global liquidity trends—and that could have major implications in the days ahead.
The crypto market is showing signs of cautious optimism. While prices remain elevated, sentiment indicators and trading activity suggest investors are stepping back to reassess risks rather than diving in further.