Bitcoin ETFs Set to Reach $1 Trillion Trading Volume Milestone

Spot Bitcoin exchange-traded funds (ETFs) in the United States are nearly crossing the $1 trillion mark in total trading volume. This achievement comes just 17 months after their launch in January 2024. 

These crypto funds have quickly grown into one of the most active ETF products in the world. Reportedly, it rivaled long-established giants like the Vanguard S&P 500 ETF and the Invesco Nasdaq-100 ETF.

Bitcoin ETFs’ Early Growth Fueled by Market Momentum

When Bitcoin ETFs first launched, interest was immediate and strong. In March 2024, they raked in $100 billion in total trading volume, which doubled when Bitcoin’s price hit nearly $74,000. 

However, this upward trading trend slowed, with Bitcoin’s price between $50,000 and $70,000.  The ETFs continued to trade actively during this time, but without the same fast growth rate. 

Positive momentum returned to the market when Donald Trump won the presidential election in November 2024. This event helped Bitcoin break past its previous highs, and the ETFs quickly passed the $500 billion mark in cumulative trading volume. 

Bitcoin ETF Market Outlook 

In 2025, U.S. spot Bitcoin ETFs continue to gain strong momentum, reaching $750 billion in trading volume in February 2025. As of June 9, 2025, the trading volume is at $995.2 billion, very close to the $1 trillion milestone.

Bitcoin’s price is also nearly its latest all-time high of $112,000. According the time of writing, the flagship crypto has been trading at $109,055, up by 1,21% in the last 24 hours, according to CoinMarketCap data. 

Impressively, U.S. Bitcoin ETFs are now among the biggest crypto funds in the world, with over $120 billion in assets. Most of this comes from top performer BlackRock’s IBIT, which holds $70 billion and handles 79% of the total trading volume. 

In contrast, Grayscale’s Bitcoin ETF, on the other hand, has lost $23 billion due to higher fees. Meanwhile, Ethereum spot ETFs have not seen the same level of success. Since launching in July 2024, it has raked in $83.4 billion in trading volume and holds $6.6 billion in assets. 

Ethereum spot ETFs’ net inflows are $3.4 billion, which is positive, but much smaller than Bitcoin ETFs.

Investor Confidence Is Growing 

At first, many thought only asset managers would benefit from the Bitcoin ETF. However,  Bitcoin’s price rise, rising from $30,000 to over $110,000 since January 2024, shows that the whole market has gained. 

This growth has helped Bitcoin become a more trusted and mainstream investment, with institutional investors heavily investing in crypto investment funds and showing growing interest in Bitcoin.