After record crypto product inflow week, bitcoin ETF volumes spike

Following a record inflow week for crypto investment products, several US spot bitcoin ETFs saw all-time high volumes on Tuesday.   

The sustained demand for spot bitcoin ETFs has been “something to witness,” Bitwise Chief Investment Officer Matt Hougan said during a Tuesday X Space.

Investors traded a record 6.3 million shares — worth roughly $179 million — of the Bitwise Bitcoin ETF (BITB) on Tuesday, according to Yahoo Finance data.

Bitcoin ETFs by VanEck and WisdomTree saw even bigger spikes in volume after the holiday weekend. 

Read more: Bitcoin ETF Tracker

The VanEck Bitcoin Trust ETF (HODL) saw its trading volume reach 6.8 million shares, or $400 million, on Tuesday….

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