Bitcoin Spot ETF Records Nearly $10 Billion in Total Trading Volume in Three Days
Bloomberg analyst James Seyffart's data reveals that the total trading volume for the U.S. spot Bitcoin ETF in three days is 2020 most popular blockchain appapproaching $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.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Related Recommendations
- Ethereum Poised For 20+ Bull Run As Exchange Supply Decreases, Staking Hits New Highs
- XRP Jumps Above Ichimoku Cloud. Is ATH Next?
- Gold price in Malaysia: Rates on July 10
- $30 Trillion Trade System Still Uses Faxes – Can XDC Fix It?
- MEXC Launchpad Debuts PUMP Token With Exclusive 40% Discount for New Users
- Snoop Doggs Telegram NFT Drop Sells Out, Nets $12 Million
- Ripple CEO Suggests Stablecoin Market Could Potentially Grow Tenfold Amid RLUSD Expansion
- PENGU breaks out of cup and handle with 75% upside potential