Today, a total of 700,000 transactions were made buying and selling spot Bitcoin ETFs, which is twice that of QQQ
Data compiled by Bloomberg analyst Eric Balchunas shows that today there were a total of 700,000 individual trades buying and selling spot Bitcoin ETFs, twice as many as the Invesco QQQ Trust (code: QQQ), which has a larger trading volume because it is more popular with large institutions. The analyst commented, "Grassroots action (as opposed to big money purchases) is much more than I expected, which is a very good sign."
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
