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Spot Bitcoin ETFs' Trading Volume Hits A Record High Of $10 Billion Today

Mary Liu

Summary: According to statistics from Bloomberg analyst Eric Balchunas, as of Tuesday’s close, the trading volume of 10 U.S. spot Bitcoin ETFs reached $10 billion that day, a record high, breaking the historical record set last Wednesday. BlackRock’s IBIT, Fidelity’s FBTC, Bitwise’s BITB, and ARK/21 Shares’ ARKB all set new records. Eric Balchunas commented: “Volatility and ...

According to statistics from Bloomberg analyst Eric Balchunas, as of Tuesday’s close, the trading volume of 10 U.S. spot Bitcoin ETFs reached $10 billion that day, a record high, breaking the historical record set last Wednesday. BlackRock’s IBIT, Fidelity’s FBTC, Bitwise’s BITB, and ARK/21 Shares’ ARKB all set new records.

Eric Balchunas commented: “Volatility and volume go hand in hand with ETFs, so it’s not entirely surprising”.

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