Express

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”.

Last Update:

Tags: ,,,,
Link: Spot Bitcoin ETFs' Trading Volume Hits A Record High Of $10 Billion Today   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 7 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 14 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 18 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 25 days ago

    • You need to login to comment.