As of Tuesday, the cumulative trading volume of the US Bitcoin spot ETF has exceeded $150 billion. According to data from The Block, since March 8th alone, the cumulative trading volume of the spot Bitcoin ETF has increased by $50 billion (when the total trading volume first reached the milestone of $100 billion), reaching $151.4 billion at the close of yesterday.

The cumulative trading volume of the US spot Bitcoin exchange-traded funds exceeded $150 billion, less than 10 weeks away from the approval of ETFs by companies such as BlackRock, Fidelity, and Bitwise by the US Securities and Exchange Commission. According to The Block's data dashboard, since March 8, the cumulative trading volume of spot Bitcoin ETFs has increased by $50 billion (when the total trading volume first reached the $100 billion mark), and as of yesterday's close, it has reached $151.4 billion.

James Butterfill, research director at CoinShares, wrote on X platform that the net inflow of Bitcoin spot ETFs has been negative for the second consecutive day, due to the increase in outflow of Grayscale funds and the decrease in demand for new ETFs in the United States.

According to Spot On Chain monitoring, the net inflow of spot Bitcoin ETF on March 16 was -154 million US dollars, and the net inflow turned negative after being positive for 11 consecutive days. The cumulative net inflow of spot Bitcoin ETF in 46 trading days reached 12.01 billion US dollars.

According to Farside Investors data, on March 18th, the total net outflow of spot Bitcoin ETF was $154.3 million. Among them: IBIT: $45.15 million, FBTC: $5.9 million, BITB: $17.6 million, ARKB: $2.7 million, BRRR: $4.8 million, HODL: $5.7 million, GBTC: -$642.5 million.

According to Farside Investors data, the cumulative net inflow of Bitcoin spot ETF since its launch is 11.8288 billion US dollars. Among them: · IBIT cumulative net inflow of 12.0278 billion US dollars; · FBTC cumulative net inflow of 6.7033 billion US dollars; · GBTC cumulative net outflow of 11.4026 billion US dollars.

Just two months after its launch, the US spot Bitcoin ETF has taken up nearly 90% of the market share of ETFs that provide exposure to Bitcoin prices. The Bitcoin futures ETF launched in 2021 currently only accounts for 10% of the market share. These numbers highlight investors' preference for directly investing in Bitcoin through ETFs rather than products based on Bitcoin futures contracts, according to The Block's Data Dashboard.

The Indian cryptocurrency investment platform Mudrex now offers US spot Bitcoin ETFs to Indian investors. Mudrex initially listed four spot ETFs, including BlackRock, Fidelity, Franklin Templeton, and Vanguard.

According to Farside Investors data on March 9th, the cumulative net inflow of the US Bitcoin spot ETF reached 2.237 billion US dollars this week. Among them:

According to BitMEX Research data, the total net asset value of the US Bitcoin ETF has exceeded $54 billion, accounting for about 4% of the current BTC supply.