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BTC $76,027.47 -1.25%
ETH $2,255.67 -2.93%
BNB $616.49 -1.42%
XRP $1.37 -1.45%
SOL $83.10 -1.71%
TRX $0.3244 +0.29%
DOGE $0.1070 +1.34%
ADA $0.2465 -1.08%
BCH $444.99 -1.66%
LINK $9.11 -1.77%
HYPE $39.22 -2.68%
AAVE $92.25 -4.47%
SUI $0.9064 -2.13%
XLM $0.1601 -0.92%
ZEC $331.66 -1.02%
BTC $76,027.47 -1.25%
ETH $2,255.67 -2.93%
BNB $616.49 -1.42%
XRP $1.37 -1.45%
SOL $83.10 -1.71%
TRX $0.3244 +0.29%
DOGE $0.1070 +1.34%
ADA $0.2465 -1.08%
BCH $444.99 -1.66%
LINK $9.11 -1.77%
HYPE $39.22 -2.68%
AAVE $92.25 -4.47%
SUI $0.9064 -2.13%
XLM $0.1601 -0.92%
ZEC $331.66 -1.02%

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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