Bitcoin: Spot ETF Transaction Volume Exceeds $1 Billion in First Minutes of Trading

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Bitcoin: Spot ETF Transaction Volume Exceeds $1 Billion in First Minutes of Trading

The eagerly awaited Bitcoin Spot ETFs

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11.01.2024 10:10 PM

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The eagerly awaited Bitcoin Spot ETFs began trading on U.S. stock exchanges on Thursday, with their transaction volume exceeding $1 billion. Against this backdrop, the price of Bitcoin surpassed $48,000.According to recent data, the transaction volume in Bitcoin Spot ETFs surpassed $2.3 billion. Bloomberg ETF analyst Eric Balchunas remarked on the launch results, noting that within just 20 minutes of trading, the volume was significantly high, "with half a billion traded within the group (including GBTC), led by IBIT (close

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