Catenaa, Thursday, June 19, 2025-US spot Bitcoin exchange-traded funds are nearing a significant milestone, poised to reach $1 trillion in cumulative trading volume less than 18 months after their launch in January 2024.
The funds quickly gained traction, attracting substantial trading volume as Bitcoin’s price fluctuated.
The cumulative trading volume for these ETFs stands at $995.2 billion as of June 9.
Analysts expect the $1 trillion mark to be hit within days, given recent daily trading volumes ranging from $2.3 billion to $4.4 billion. Bitcoin’s value is currently trading near its latest all-time high of $112,000.
BlackRock’s IBIT fund has emerged as a dominant force in the spot Bitcoin ETF market. It holds over 79% of the market share by trading volume and commands $70 billion in assets under management.
IBIT recently became the fastest ETF to reach $70 billion in assets under management, achieving the feat in 341 trading days, a pace five times quicker than the SPDR Gold Shares ETF (GLD).
In contrast, U.S. spot Ethereum ETFs, launched in July 2024, have recorded $83.4 billion in cumulative trading volume and $6.6 billion in assets under management.
Overall, spot Bitcoin ETFs have seen cumulative net inflows of $44.9 billion since their inception, despite outflows from Grayscale’s GBTC product.
