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

  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago

    • You need to login to comment.