U.S. Bitcoin spot ETF cumulative trading volume exceeds $11.1 billion

According to data from Yahoo Finance compiled by The Block, as of 10:55 AM EST on January 17th, the cumulative trading volume of 11 spot Bitcoin ETFs exceeded $11.1 billion on the fourth trading day.

Grayscale, BlackRock, and Fidelity continued to dominate, accounting for over 90% of the total trading volume. However, the trading volume on that day was $1.5 billion, a decrease from the previous day's $1.8 billion. So far this week, the trading volumes on both days have been much lower than last Friday's ($3 billion) and the first day's ($4.6 billion) trading volumes.