Bitcoin’s trading volume reached a significant milestone on Wednesday, totaling $130 billion across ETFs, spot, and futures markets.
According to data from Checkonchain, Wednesday’s volume marked one of the highest trading volumes in Bitcoin’s history. Since President Trump’s election win in early November, Bitcoin’s trade volume has surged, doubling from an average daily volume of $65 billion.
In the futures market, $110 billion worth of contracts were traded, making it the fifth-highest futures trade volume ever recorded. This high volume was only surpassed on a few occasions in November and December of the previous year.
The spot market contributed roughly $15 billion in trading volume, nearing its all-time high, while Bitcoin ETFs saw about $5 billion in trading volume—half of the record volume observed in March 2024.
Not included in the $130 billion total is options volume, which also saw substantial growth. Glassnode data shows that over $3 billion in options contracts were traded in the last 24 hours.
As Bitcoin continues its push to become a global settlement layer, the increased volume and liquidity offer a greater chance of attracting institutions interested in settling transactions worth billions of dollars instantly.
