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18 January

According to data from Yahoo! Finance, the cumulative volume of the 11 spot Bitcoin ETFs approved last week by the SEC topped $11.1 billion on Wednesday in their fourth day of trading.

In particular, exchange-traded funds from Grayscale, BlackRock and Fidelity continue to dominate with more than 90% of the total volume traded.

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However, not all the data is positive, as daily volume is down again to $1.5 billion compared to Tuesday, when total new product volume rose to $1.8 billion.

BlackRock and Fidelity instruments led Tuesday's metrics with inflows of more than $400 million each, according to Bloomberg Intelligence senior ETF analyst Eric Balchunas.

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