According to COINOTAG News on November 14th, the trading landscape for Bitcoin has dramatically shifted since the introduction of the US Bitcoin spot ETF in January this year. The total trading volume has surged past $500 billion, showcasing robust investor interest. Notably, the BlackRock IBIT ETF achieved a remarkable daily trading volume record of $5.2 billion on November 13th, and its assets under management have surpassed $40 billion in just 211 days, shattering the previous 1,253-day record held by the IEMG fund.
Recent data indicates that Bitcoin ETFs experienced a net inflow of $2.4 billion this week alone. Since the positive market response following Trump’s election victory, the ETF has accumulated $4.7 billion in inflows, contributing to a total net inflow of $28.3 billion since its inception. Presently, the cumulative assets managed by all Bitcoin ETFs stand at approximately $89 billion, with IBIT leading the pack at $41.1 billion.