Spot Bitcoin ETFs Hold 90% of the Market, Leaving Futures ETFs in the Dust
Spot bitcoin ETFs currently hold nearly 90% of the daily volume market share, while bitcoin futures ETFs hold around 10%. This underscores investors' preference for investing directly in bitcoin through ETFs rather than products based on bitcoin futures contracts. Trading volume in spot bitcoin ETFs has been strong since their launch on January 11, totaling $113 billion to date. BlackRock's IBIT, Grayscale's GBTC, and Fidelity's FBTC funds have been major contributors to this volume.
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
Danske Bank says APMH Invest sells shares pro rata under buyback program
IRT forecasts about 5% 2027 core FFO per-share accretion from Centerspace merger
Fox’s Red Seat Ventures integrates Barometer AI into Speakeasy podcast platform
NAB survey shows Australia business conditions turn negative for first time in six years