The cumulative trading volume of the US Spot Bitcoin ETF has surpassed the $1 trillion mark.

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PANews, June 23 – According to The Block, since the launch of the U.S. Spot Bitcoin ETF in January 2024, the cumulative Trading Volume has exceeded $1 trillion in less than 18 months. BlackRock's IBIT fund leads its peers with a 79% market share, and the daily Trading Volume of Bitcoin Spot ETFs remains between $2.3 billion and $4.4 billion. In contrast, the U.S. Spot Ethereum ETF has recorded a cumulative Trading Volume of $83.4 billion since its launch in July 2024. The Assets Under Management of the Spot Bitcoin ETF has surpassed $120 billion, and the management scale of the IBIT fund alone has reached $70 billion, making it the fastest ETF product to achieve this scale in history.

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