March 5 was a record day not only for Bitcoin, which reached an all-time high in US dollars, but also for new spot ETFs, which also saw record trading volumes. 🔥📈 Ten Bitcoin ETFs transacted $10 billion in trades on Tuesday, surpassing the previous record set on February 28. Volatility and trading volume go hand in hand with ETFs, so these banana numbers for funds less than two months old are not surprising.

Four of the ten ETFs - BlackRock's IBIT, Fidelity's FBTC, Bitwise's BITB and Ark 21Shares ARKB - saw record trading volumes. These spot Bitcoin ETFs have already surpassed $50 billion in assets under management, having started seven weeks ago with less than $30 billion. If they maintain this pace and add $10 billion a month, they will overtake gold ETFs this summer.