Spot Bitcoin ETF cumulative trading volume exceeds 1 trillion USD, with BIT dominating 79% market share.

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[Chain News] On June 23, it was reported that since the launch of the U.S. Spot Bitcoin ETF in January 2024, the cumulative trading volume has surpassed $1 trillion in less than 18 months. BlackRock’s IBIT fund leads similar products with a 79% market share, while the daily trading volume of the Spot Bitcoin ETF remains between $2.3 billion and $4.4 billion. In comparison, the U.S. Spot Ethereum ETF has seen a cumulative trading volume of $83.4 billion since its launch in July 2024. The Assets Under Management of the Spot Bitcoin ETF has exceeded $120 billion, with the IBIT fund alone managing $70 billion, making it the fastest ETF product in history to reach this scale.

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