Currently, GBTC accounts for 40% of the total trading volume of spot Bitcoin ETFs
Data from BitMEX Research indicates that GBTC currently represents 40% of the total trading volume of spot Bitcoin ETFs. As of 11:10 AM Eastern Time, the trading volume for GBTC is approximately $1 billion, although it is not yet clear how much of this might be funds flowing out of the instrument.
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
A COVID Vaccine Stock on the S&P 500 Is Up 600% This Year
The number of stablecoin holders on the Solana chain has surpassed 14 million.
Cathie Wood’s ARK Sells Bitcoin ETF, SpaceX and Robinhood Shares in Portfolio Shift
Analyst Gu Jingci: 10.10 Bitcoin/Ethereum Evening Trading Strategies and Market Analysis
Crypto prices
More
