The U.S. spot Bitcoin exchange-traded fund (ETF) is on the verge of surpassing $1 trillion in cumulative trading volume, less than 18 months after its launch in January 2024. The ETF reached significant milestones with $100 billion in trading volume by March 2024 and $200 billion by April 2024, coinciding with Bitcoin's price peak at nearly $74,000. Despite a market cooling phase that saw Bitcoin's price consolidate between $50,000 and $70,000, trading activity has remained robust. As of June 9, the ETF's trading volume stands at $995.2 billion, with Bitcoin's price nearing a new all-time high of $112,000, currently trading at approximately $109,850.