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BTC $64,465.39 +0.86%
ETH $1,672.96 -0.22%
BNB $611.37 +0.79%
XRP $1.12 -0.61%
SOL $68.05 +0.36%
TRX $0.3180 +0.47%
DOGE $0.0869 -1.05%
ADA $0.1695 -2.33%
BCH $204.40 -2.01%
LINK $7.92 -0.80%
HYPE $61.01 +3.43%
AAVE $66.04 -1.48%
SUI $0.7592 -1.29%
XLM $0.1833 -3.90%
ZEC $421.47 +1.62%
BTC $64,465.39 +0.86%
ETH $1,672.96 -0.22%
BNB $611.37 +0.79%
XRP $1.12 -0.61%
SOL $68.05 +0.36%
TRX $0.3180 +0.47%
DOGE $0.0869 -1.05%
ADA $0.1695 -2.33%
BCH $204.40 -2.01%
LINK $7.92 -0.80%
HYPE $61.01 +3.43%
AAVE $66.04 -1.48%
SUI $0.7592 -1.29%
XLM $0.1833 -3.90%
ZEC $421.47 +1.62%

Data: Other than GBTC, the other 9 Bitcoin spot ETFs have accumulated purchases of 79,600 BTC over 6 trading days

2024-01-20 09:34:04
Collection

ChainCatcher news, according to data from CC15Capital, Bitcoin spot ETFs saw another huge trading volume today, with 3 of the 20 ETFs with the largest trading volume related to BTC, including GBTC, BITO (futures ETF), and IBIT. Excluding GBTC, the other 9 spot ETFs have purchased 79,618 BTC within the 6 days since approval.

Bloomberg ETF analyst Eric Balchunas stated that, overall, the average daily trading volume of the 9 Bitcoin spot ETFs is $120 million, placing it in the top 1% of all ETFs (including GBTC). Even just considering the average daily trading volume of FBTC and IBIT, it can rank in the top 2%, while the average issuance time of ETFs in the top 2% has been around 14 years.

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