Bitcoin spot ETF trading volume reached $111 billion in March, of which BlackRock IBIT accounted for nearly 50%
According to ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that the trading volume of the U.S. Bitcoin spot ETF in March reached $111 billion, almost three times the trading volume in January and February.
BlackRock IBIT dominated trading, accounting for nearly 50% of total Bitcoin spot ETF trading in March, data shows. Grayscale GBTC follows with 20% and Fidelity FBTC follows with 17%.
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