After a week of increased investment in crypto products, multiple US spot bitcoin ETFs experienced their highest trading volumes ever on Tuesday. Bitwise Chief Investment Officer Matt Hougan described the ongoing demand for spot bitcoin ETFs as remarkable during a Tuesday X Space event. Investors traded a record 6.3 million shares of the Bitwise Bitcoin ETF (BITB), equivalent to about $179 million, on Tuesday, according to Yahoo Finance data. VanEck and WisdomTree Bitcoin ETFs also experienced significant increases in trading volume following the holiday weekend. Find out more by visiting the Bitcoin ETF Tracker. On Tuesday, the trading volume of the VanEck Bitcoin Trust ETF (HODL) reached 6.8 million shares, equivalent to $103 million. The dollar value of the volumes was approximately 16 times higher than what the ETF experienced in January. On its initial day on the market, WisdomTree’s Bitcoin Fund (BTCW) experienced a significant increase in trading activity, with over 4 million shares traded, totaling around $220 million. This is approximately 20 times higher than its usual daily volume. In total, US spot bitcoin ETFs, not including the Grayscale Bitcoin Trust ETF (GBTC), reached about $2 billion in trading volumes. According to Bloomberg Intelligence analyst Eric Balchunas, the recent surge in trading volume for the company was the largest since they first entered the market. This increase in volume followed a record-breaking inflow of $2.45 billion into cryptocurrency investment products last week, as reported by CoinShares. Last week saw a significant increase in total inflows compared to the previous week. BlackRock and Fidelity’s spot bitcoin ETFs, specifically the iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC), received inflows of approximately $1.6 billion and $650 million, respectively. Another bitcoin ETF recently surpassed $1 billion in assets. Is this the final one? Balchunas mentioned during the X Space with Hougan that the early achievements were sufficient to pique the interest of certain individuals.