Bitcoin Spot ETF Records Nearly $10 Billion in Total Trading Volume in Three Days

WikiBit 2024-01-17 15:58

Bloomberg analyst James Seyffart's data reveals that the total trading volume for the U.S. spot Bitcoin ETF in three days is approaching $10 billion.

James Seyffart commented, “By most standards, these are very successful launches, with the only caveat being that Wisdomtree's assets are only $32.5 million, but it's only the third day, and this is a long game.”

BitMEX Research's statistical data shows that on the third day of trading for Grayscale's GBTC as a Bitcoin spot ETF, there was a fund outflow of $590 million. The total outflow in the initial three days reached $1.169 billion.

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