Bitwise Spot Bitcoin ETF Trading Volume Has Surpassed $200 Million in 3 Hours of the Opening Day
The Bitwise Spot Bitcoin ETF (BITB) has traded more than $200 million in volume within three hours of the opening of U.S. trading on Friday, Bitwise CEO Hunter Horsley said on the X platform.
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U.S. equity funds attracted $39 billion in inflows in a single week, pushing the annualized scale toward a historic high, while U.S. Treasuries also saw capital inflows for 16 consecutive weeks. However, Bank of America strategist Hartnett warns that due to rising real yields, the performance of AI and banking stocks, and the volatility of the midterm elections, there is still a preference for risk aversion in the coming weeks.
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