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9 Bitcoin Spot ETFs Trade Approximately $2 Billion Today, Second Highest Since Launch

9 Bitcoin Spot ETFs Trade Approximately $2 Billion Today, Second Highest Since Launch

2024/02/20 22:32

According to data shared by Bloomberg analyst Eric Balchunas, the trading volume of 9 US Bitcoin Spot ETFs reached approximately $2 billion today, marking the second-highest volume since their launch. This achievement is attributed to the significant trading volumes of Vaneck's HODL, WisdomTree's BTCW, and Bitwise's BITB, all of which broke their respective daily trading records. The analyst stated, "The $2 billion trading volume puts them around the top 10 ETFs, around the top 20 stocks, which is a big number."

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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.

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