One Year of Spot #Bitcoin #ETFs: A Game Changer for Crypto Markets
January 2024 marked a milestone for the crypto industry with the launch of spot Bitcoin ETFs in the U.S. Since then, these products have revolutionized market access, liquidity, and institutional adoption.
Record-Breaking Volume:
The first year of Spot Bitcoin ETFs trading was a massive success, with the market reaching $36.2B of net inflows. Daily trading volumes peaked on November 21st at $70B.
Bitcoin's price volatility continues to drive trading activity, with inflows surging during market rallies and corrections.
At Nonco, we continue to provide liquidity solutions to ETF and ETP managers, ensuring seamless execution as the crypto ETF market grows.
#1yearanniversary #BTCETF #newrecordhighs