Bitcoin ETF Trading Explodes in March to $111B as New Products Launch, Led by Surging IBIT

Bitcoin ETF trading volume surged to $111B in March, nearly 3x January and February combined
iShares Bitcoin Trust (IBIT) emerged as the dominant Bitcoin ETF, taking market share from Grayscale Bitcoin Trust (GBTC)
ProShares launched the first-ever 2x and -2x spot Bitcoin ETFs (BITU and SBIT), though initial volumes were under $1M
Bitcoin ETFs now hold over 4.25% of the total circulating BTC supply, signaling growing appetite for Bitcoin investment vehicles
Questions remain about market stability and investor risk tolerance amid high-reward but volatile Bitcoin ETF products