Cointime

Cointime

Download App
iOS & Android

Cumulative spot crypto ETF trading volume surpasses $2 trillion, doubling in half the time

Quick Take

  • U.S. spot crypto ETF cumulative trading volume crossed $2 trillion on Jan. 2, according to The Block’s data dashboard.
  • The milestone took roughly eight months to reach from $1 trillion—half the time it took to hit the first trillion from launch.
  • Bitcoin and Ethereum ETFs started 2026 with a combined $645.6 million in net inflows on January 2, according to SoSoValue data.
  • BlackRock’s IBIT spot Bitcoin ETF continues to dominate with approximately 70% market share by volume.

U.S. spot cryptocurrency exchange-traded funds have crossed $2 trillion in cumulative trading volume, less than two years after spot ETFs launched in January 2024.

The $2 trillion threshold was reached on January 2, according to The Block's data dashboard. Cumulative volumes hit $1 trillion, for reference, on May 6, 2025, approximately 16 months after launch. The journey from $1 trillion to $2 trillion took roughly eight months, half the time required to reach the initial milestone, underscoring accelerating institutional demand for regulated crypto exposure.

The cumulative volume figure now spans an expanded roster of assets. Following the SEC's approval of new generic listing standards in September of last year, which fast-tracked approval timelines from up to 240 days to as little as 75 days, issuers rolled out spot ETFs tracking Solana, XRP, Dogecoin, Litecoin, Hedera, and Chainlink. XRP-based products have led the new cohort, attracting $1.2 billion in net inflows since their November 13 launch.

Bitcoin ETFs generated approximately $21.8 billion in net inflows during 2025, while  ETFs added around $9.8 billion, according to The Block's year-end analysis. BlackRock's IBIT maintains around 70% market share by volume, with over $66 billion in AUM, though its volume share was as high as 80% mid-2025.

Bloomberg Intelligence analyst James Seyffart has said at least 126 additional crypto ETF filings are pending, though he has warned that closures may emerge toward the end of 2026 as under-subscribed products fail to attract durable assets.

RELATED INDICES

GML2Layer 2 tokensDETAILS →23.162.96%GMSMALLSmall CapsDETAILS →27.732.14%See Crypto Indices

BTC, ETH ETFs see strong start to 2026

Bitcoin and Ethereum ETFs kicked off the new year with robust inflows on January 2, the first trading day of 2026, according to SoSoValue data.

Spot Bitcoin ETFs recorded $471.1 million in net inflows, with all 12 funds posting positive flows. BlackRock's IBIT led with $287.4 million, followed by Fidelity's FBTC at $88.1 million and Bitwise's BITB at $41.5 million. Total Bitcoin ETF assets now stand at $117.0 billion, representing 6.53% of Bitcoin's market cap, with BTC trading at around $90,091, according to The Block's Bitcoin Price page.

Spot Ethereum ETFs added $174.4 million, led by Grayscale's ETHE at $53.7 million, Grayscale's Ethereum Mini Trust at $50.0 million, and BlackRock's ETHA at $47.2 million, per the data. Total Ethereum ETF assets reached $19.1 billion, or 5.06% of Ethereum's market cap, with ETH currently trading around $3,110, per The Block's Ethereum Price page.

The combined $645.6 million in first-day inflows marks a reversal from the year-end outflows that saw Bitcoin ETFs shed $348 million on December 31.

Comments

All Comments

Recommended for you

  • ETH Surpasses $2500

    Market data shows that ETH has surpassed $2500, currently priced at $2500.4, with a 24-hour decline of 0.23%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Standard Chartered Launches Cryptocurrency Trading Service in UAE for High-Net-Worth Clients

    On October 14, Standard Chartered announced the launch of a cryptocurrency trading service in the UAE aimed at high-net-worth clients, having obtained the relevant license from the Dubai Virtual Assets Regulatory Authority (VARA). Eligible clients can buy and sell BTC and ETH directly through their existing Standard Chartered accounts without the need for independent wallets or third-party trading platforms, with the bank responsible for asset custody and transaction settlement. This service is launched in partnership with Zodia Markets and is initially available only to professional investors in the UAE, with plans to expand to other markets in the future. Standard Chartered stated that this is the first direct cryptocurrency trading service offered to wealth management clients and the first of its kind by an international bank in the UAE.

  • US Spot Bitcoin ETF Sees Net Inflow of $175.7 Million Yesterday

    On October 14, according to monitoring data from Farside Investors, the US spot Bitcoin ETF saw a net inflow of $175.7 million yesterday.

  • US Spot Ethereum ETF Sees Net Inflow of $24.8 Million Yesterday

    On October 14, according to monitoring data from Farside Investors, the US spot Ethereum ETF experienced a net inflow of $24.8 million yesterday.

  • Solana to Launch Alpenglow Upgrade on October 21, Aiming for 150 Milliseconds Transaction Finality

    On October 14, Solana announced that the Alpenglow upgrade will officially activate on October 21 at approximately 14:50 UTC. This upgrade will replace the existing TowerBFT consensus with the Votor consensus. After the upgrade, the median transaction finality time is expected to be around 150 milliseconds, compared to the current value of approximately 12.8 seconds. The upgrade supports single-slot migration without the need for node restarts; it will also remove validator voting information from blocks, reducing operational costs. Even if the actual on-chain usage remains unchanged, statistics indicate that the total number of transactions reported is likely to decrease significantly. The current price of SOL is around $107, and there has not been a noticeable market reaction yet. From a narrative perspective, this upgrade is beneficial for Solana's speed and scalability story; however, Solana has experienced multiple network outages in the past, and this upgrade carries execution risks, serving as a potential warning signal.

  • South Korea Plans to Release Cryptocurrency Tax Guidelines Next Month

    On October 14, according to Yonhap News Agency, South Korea plans to release cryptocurrency tax guidelines next month in preparation for the cryptocurrency taxation policy set to be implemented in January 2027. Local traders in South Korea have been petitioning for a delay in the implementation of the tax policy, citing that the current regulations are not clear enough and the supporting infrastructure is still not fully developed.

  • Michael Saylor: New Bull Market Has Started, Bitcoin Expected to Surpass $100,000 Again

    On October 14, Michael Saylor, co-founder and Executive Chairman of Strategy, stated in an interview that Bitcoin has rebounded from its bottom and is expected to break through $100,000 again. He believes that Bitcoin previously bottomed out just below $60,000 and has now risen to the $80,000 range, with further increases anticipated. Saylor noted that improvements in the regulatory environment and banks accelerating their adoption of Bitcoin are driving the market into a new bull phase. He expects that in the coming years, Bitcoin's long-term annualized growth rate will reach 20% to 30%, and Strategy may increase its Bitcoin purchases during the bull market and issue more securities to fund these acquisitions. Additionally, regarding MSCI's consideration to adjust index rules and potentially exclude companies primarily engaged in accumulating assets from global stock indices, Saylor expressed opposition, arguing that such a move could set a negative precedent for the digital asset industry. MSCI is expected to announce its decision this Friday. Last November, JPMorgan estimated that if Strategy were excluded, it could face a risk of up to $2.8 billion in capital outflows.

  • Fed's Williams: One More Rate Hike This Year is Appropriate, No Need for Hikes in 2027

    On October 14, Federal Reserve's Williams stated that one more rate hike this year is appropriate; currently, he believes there is no need for rate hikes in 2027. There are no signs that the labor market is driving inflation, and apart from the AI and energy sectors, no widespread price pressures are observed in other areas.

  • BTC Falls Below $83,000

    Market data shows that BTC has fallen below $83,000, currently priced at $82,988.08, with a 24-hour increase of 0.56%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Bank of America: S&P 500 Earnings Growth Expected to Slow, Analysts Warn of Limited Valuation Tolerance

    On October 13, according to Jin10 news, Bank of America (BofA) has compiled data indicating that despite strong earnings expectations for the S&P 500 index in the third quarter, earnings growth is expected to slow in 10 out of 11 sectors compared to the previous quarter. Industry research shows that analysts anticipate the earnings growth rate for S&P 500 constituents to decrease from 25% in the third quarter and 28% in the fourth quarter of 2026 to 18% in the first half of 2027, indicating a slight weakening in the overall earnings outlook. Luca Paolini, Chief Strategist at Pictet Asset Management, noted that early signs suggest that the momentum for earnings growth may be peaking; given the high threshold for earnings growth expectations, even slightly disappointing results could trigger severe market reactions.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company