Spot Bitcoin ETF volumes soared to $111 billion in March, highlighting investors’ consistent interest in BTC.
Spot Bitcoin exchange-traded funds witnessed a spike in trading volume in March, reaching $111 billion. This was nearly three times the trading volume recorded in February, as Grayscale and BlackRock ETFs dominated the market.
According to data shared by Bloomberg ETF analyst Eric Balchunas, spot Bitcoin ETF trading volume hit $111 billion in March, compared to $42.2 billion recorded in February.
Note that February marked the first full month of trading as the Bitcoin (BTC) investment products made their market debut on Jan. 11. Therefore, the strong performance in March reinforces a growing interest in spot Bitcoin ETFs.
