Bitcoin spot ETF trading volume hit $111 billion in March
Bitcoin spot ETF trading volume reached $111 billion in March, three times the $42.2 billion total in February, according to The Block. Three Bitcoin spot ETFs issued by Grayscale, BlackRock, and Fidelity continue to dominate trading volume. Grayscale's GBTC fund has seen total outflows exceed $15 billion since trading began in January. BlackRock and Fidelity’s spot Bitcoin ETFs last month had assets under management of about $18 billion and $10 billion, respectively, in U.S. dollar terms.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BIS: US Tariff Shock Drives Global Forex Trading Volume to Record High
OpenAI report: Enterprise AI applications surge
BlackRock: The wave of capital flowing into AI infrastructure is far from peaking