Bitcoin spot ETF trading volume reached $111 billion in March, of which BlackRock IBIT accounted for nearly 50%

According to Mars Finance news, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that the transaction volume of the U.S. Bitcoin spot ETF in March reached US$111 billion, almost three times the transaction volume in January and February. Data shows that BlackRock's IBIT transactions dominate, accounting for nearly 50% of the total Bitcoin spot ETF transactions in March. Grayscale GBTC follows closely, accounting for 20%; followed by Fidelity FBTC, accounting for 17%.