Eric Balchunas: BITA’s total trading volume reached 13 million dollars in the first two days after listing, underperforming compared to a certain exchange.
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Bloomberg ETF analyst Eric Balchunas stated that BlackRock's iShares Bitcoin Premium Income ETF (ticker: BITA) recorded trading volumes of $6 million and $7 million on its first two days of listing, demonstrating steady performance and ranking in the top 1% of all ETF launches. However, the trading volume is far below IBIT, and it will take time for BITA to attract substantial assets.
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