Summary
- Last week, Bitcoin spot ETF was reported to have recorded the largest weekly trading volume of the year due to price increases.
- The trading volume of spot ETFs reached $25 billion, and during the same period, the net inflow also set a high record at $2.75 billion.
- BRN chief analyst Fournier evaluated that Bitcoin spot ETFs have driven the market's upward trend.
Last week, the US Bitcoin (BTC) spot exchange-traded fund (ETF) recorded the largest weekly trading volume of the year.
On the 25th (local time), The Block stated, "Due to the rise in Bitcoin prices, Bitcoin spot ETFs recorded the largest weekly trading volume of the year." According to Sosovalue data, last week's spot ETF trading volume totaled $25 billion.
It continued, "During the same period, the net inflow amounted to $2.75 billion," adding, "It also recorded the second-highest weekly net inflow since early 2024."
Valentin Fournier, chief analyst at BRN, evaluated, "Bitcoin spot ETFs have shown a clear bullish trend in recent days," adding, "They have driven the market's continued upward trend."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![Trump ally Myron, a Fed governor, resigns White House post…pushing for rate cuts until Warsh arrives? [Fed Watch]](https://media.bloomingbit.io/PROD/news/75fa6df8-a2d5-495e-aa9d-0a367358164c.webp?w=250)
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