IBIT (1/10 #Bitcoin ETFs) ended the day with over $1.3 B in volume.
IBIT is a brand new ETF for an asset that most people still think is a Ponzi scheme.
In contrast, SPY, one of the most traded ETFs in the world, averages $39.5B in volume each day.
Within weeks of launch, IBIT already has 3.3% of the volume of a well-established asset, and Bitcoin is STILL just a teenager.
As Bitcoin's price approaches $1M, we will see IBIT trading volumes increase as well.
Over the next few decades, more money will flow into Bitcoin than any other asset before it.
I would be surprised if IBIT volumes aren't 10% or more of SPY's average volume by year-end.