On Jan. 16, spot Bitcoin ETFs generated $1.8 billion in volume — more than three times the combined trading volume that same day of all 500 ETFs launched in 2023.
The total volume across 10 spot Bitcoin (BTC) ETFs on Jan. 16 has, on the same day, outpaced the total volume for all 500 ETFs launched in 2023 more than three times over.
Yahoo Finance data compiled by Cointelegraph shows the 10 recently approved spot Bitcoin ETFs generated just over $1.8 billion in total volume on Jan. 16, with funds offered by Grayscale, BlackRock, and Fidelity accounting for $1.6 billion of the total.
In comparison, the combined Jan. 16 trading volume for all 500 ETFs launched in the United States last year stood at just $450 million, according to Bloomberg ETF analyst Eric Balchunas.
