CoinMeta data: According to a senior ETF analyst at Bloomberg, Eric Balchunas, BlackRock's Bitcoin spot ETF IBIT trading volume was approximately $1.56 billion, ranking fifth in the ETF. The increase was 5.91%. Gold ETF GLD had a trading volume of about $908 million, ranking ninth. He believes that the top ten in trading volume ETF reflect three major investment themes of this year's market: long-term allocation to the S&P 500 index, the AI craze, and trades to hedge against currency devaluation.