Loading...
Odaily Planet Daily News: Since its debut in January 2024, the US spot Bitcoin exchange traded fund (ETF) has accumulated trading volume of nearly $1 trillion in less than 18 months. Data shows that spot Bitcoin ETFs reached a trading volume of $100 billion in March 2024 and $200 billion in April 2024, when Bitcoin prices rose to a historical high of nearly $74000. However, after the cryptocurrency market entered a cooling phase, the trading volume trend slightly slowed down, and over the next seven months, the price of Bitcoin stabilized between $50000 and $70000. As of June 9th, the cumulative trading volume of the Bitcoin ETF has reached $995.2 billion, and the Bitcoin price is once again approaching its latest historical high of $112000, with a current trading price of approximately $109850. （The Block）