Bitcoin ETF trading volume in the U.S. hits record $52B in july

05.07.2025

 July 2025 marked a record-breaking month for the U.S. spot bitcoin ETF market, with the total trading volume across the ten largest products surpassing $52 billion — the highest since the SEC approved the first spot ETF in early 2024. The majority of trading activity was concentrated in funds from BlackRock (IBTC), Fidelity (FBTC), and Ark Invest (ARKB), which continue to attract significant institutional capital amid rising interest in digital assets. Analysts attribute the surge in activity to several key factors. First, bitcoin’s consistent performance above the $120,000 level following its recent uptrend has boosted confidence among large investors. Second, the legal status of crypto funds in the U.S. and EU has been further solidified, with regulators introducing new frameworks for transparency, asset reserves, and investor protection within ETF structures. This has enabled pension funds, hedge funds, and insurance companies to increase their exposure to crypto without directly holding coins. Notably, two new bitcoin ETFs — from Franklin Templeton and Invesco — were approved for trading on NASDAQ in July, with combined inflows exceeding $1.2 billion in the first two weeks. These products are marketed as "institutional-grade" with enhanced asset insurance mechanisms and secure custody by certified custodians. Additionally, the launch of the first spot Ethereum ETFs is actively being discussed, with insiders suggesting that SEC approval could come as early as August. Such a development could unleash a new wave of market liquidity and fuel further growth of ETH, particularly after the successful Shanghai network upgrade in July. Market participants believe that July confirmed the maturity of the crypto ETF sector and marked bitcoin’s definitive shift into the category of institutional assets. If the current trend continues, crypto ETF trading volumes could rival those of gold funds by the end of 2025.