The post Spot Bitcoin ETFs turn 1 – Assessing what’s done and what’s next in 2025 appeared on BitcoinEthereumNews.com.

Spot Bitcoin ETFs revolutionized finance, amassing $660 billion in trading volume by 2024 Ethereum ETFs showed resilience too, closing 2024 with $35 billion in inflows despite challenges 11 January 2025 marked the first anniversary of U.S Spot Bitcoin [BTC] ETFs. This groundbreaking development revolutionized both the cryptocurrency landscape and traditional finance. Approved by the U.S. Securities and Exchange Commission (SEC) on 10 January 2024, these ETFs quickly became a dominant force, accounting for the entirety of the $44.2 billion in global crypto investment inflows by the end of 2024. Bitcoin ETFs’ 1-year performance recap Early market leaders like BlackRock, Fidelity, and Grayscale set the pace. Notably, Grayscale gained an edge due to its seamless conversion of an existing product into an ETF, debuting with a significant $29 billion in assets under management. Moreover, the debut year of Spot Bitcoin ETFs was marked by staggering trading activity. According to The Block’s Data Dashboard, cumulative volumes surpassed $38 billion in their first month alone. By the six-month mark, trading volumes had surged to approximately $323 billion, eventually exceeding an impressive $660 billion by year-end. Among these ETFs, BlackRock’s iShares Bitcoin Trust ETF (IBIT) stood out as a record-breaker, amassing $61 billion in assets under management (AUM) within a year. This feat outpaced its Gold ETF, which took two decades to achieve $33 billion in AUM. Analyst weighs in on IBIT’s success Remarking on the same, Bloomberg ETF analyst James Seyffart said,  “IBIT’s growth is unprecedented. It’s the fastest ETF to reach most milestones, faster than any other ETF in any asset class.” However, the dominance of IBIT extended beyond spot trading. It even made waves in the Options market, as noted by Greg Magadini, Director of Derivatives at Amberdata. With $37 billion in inflows, IBIT captured a staggering 83% of all U.S.…

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Filed under: News - @ January 12, 2025 10:02 am