A total of 700,000 transactions were conducted today to buy and sell spot Bitcoin ETFs, twice that of QQQ
According to data compiled by Bloomberg analyst Eric Balchunas shows that there were a total of 700,000 individual trades buying and selling spot Bitcoin ETFs today, which is twice the amount of Invesco QQQ Trust (code: QQQ) (QQQ's trading volume is larger because there are more large institutions).
The analyst commented, "Grassroots action (as opposed to large fund purchases) is much more than I expected, which is a very good sign."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x DEBIT: Trade to share 45,000 USDT
Bitget Will Support the BounceBit (BB) Contract Swap
Hold USDGO for dual perks, earn up to 30%+ APR!
Bitget Has Completed the Vanar Chain (VANRY) Contract Swap
Crypto prices
More
