The newly launched Spot Bitcoin ETFs in the United States have set the crypto world on fire, amassing an astonishing $10 billion in trading volumes within just three days of their introduction. Leading the charge are Grayscale’s GBTC with an impressive $5.174 billion in trading, BlackRock’s IBIT with $1.997 billion, and FBTC with $1.479 billion. James Seyffart, Bloomberg’s ETF strategist, applauds these ETF debuts as resounding successes, with only Wisdomtree lagging behind at $3.25 million. Seyffart notes that it’s just the beginning, highlighting the long-term potential for growth and evolution in this competitive space.

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