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Crypto

US Spot BTC And ETH ETFs See Combined Trading Volume Surpass $7.5B

Guavy AI Editorial Team
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The combined daily trading volume for U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) reached $7.5 billion on August 21, according to data from Watcher.Guru.

This milestone marks one of the highest daily totals since the approval of spot Bitcoin ETFs in January 2024 and spot Ethereum ETFs in July 2024.

While individual fund flows vary, the aggregate volume reflects active trading across major issuers, including BlackRock, Fidelity, and Grayscale.

The surge in trading activity comes amid a period of heightened volatility in the underlying crypto market, with Bitcoin and Ethereum prices experiencing notable swings.

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