Crypto News

Bitcoin spot ETF’s reaches 2.4B in trading volume

Bitcoin spot ETF's reaches 2.4B in trading volume

On February 26, Bitcoin exchange-traded futures (ETFs) experienced a record-breaking surge in trade volumes, hitting $2.4 billion within 24 hours.

This event was triggered by a significant rise in Bitcoin’s value above $56,000 USD, setting a new benchmark for the crypto market, particularly for the newly launched Bitcoin ETFs.

In addition, the surge comes after simultaneous increase in Bitcoin’s price, suggesting a connection. This possibly drove investors towards Bitcoin ETFs as a more accessible investment option.

Note that BlackRock’s iShares Bitcoin ETF contributed 55% (over $1B) of the total volumes, while other key players like Grayscale GBTC also contributed to the $2.4 billion record.

This event shows a growing interest in crypto-related investments among mainstream investors, as ETFs offer a regulated and simpler way of investing in crypto.

Additionally, the success of these ETFs highlights their role in integrating traditional investment avenues with the dynamic world of digital currencies.


Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.