Bitcoin futures ETF daily trading volumes — including the ProShares Bitcoin Strategy ETF (BITO), VanEck Bitcoin Strategy ETF (XBTF) and Valkyrie Bitcoin Strategy ETF (BTF) — reached an all-time high of $2 billion yesterday amid a big first day for the 11 newly-launched spot bitcoin ETFs.

The milestone was achieved just one day after hitting a prior record of $1.4 billion, according to The Block’s data dashboard.

The ProShares Bitcoin Strategy ETF — the first bitcoin ETF product in the U.S., launched in October 2021 — dominates daily trading volume for bitcoin futures ETFs, responsible for $1.97 billion, or 97%, of yesterday’s $2 billion record.

“BITO smashed its all-time volume record in this historic day with $2 billion traded,” Bloomberg ETF analyst Eric Balchunas posted on X. …