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BTC $64,462.58 +1.03%
ETH $1,671.86 -0.05%
BNB $611.17 +1.10%
XRP $1.12 -0.11%
SOL $68.05 +0.97%
TRX $0.3178 +0.52%
DOGE $0.0869 -0.22%
ADA $0.1696 -1.57%
BCH $203.81 -1.68%
LINK $7.91 -0.55%
HYPE $61.00 +5.10%
AAVE $66.02 -0.94%
SUI $0.7579 -0.91%
XLM $0.1835 -3.65%
ZEC $423.49 +3.40%
BTC $64,462.58 +1.03%
ETH $1,671.86 -0.05%
BNB $611.17 +1.10%
XRP $1.12 -0.11%
SOL $68.05 +0.97%
TRX $0.3178 +0.52%
DOGE $0.0869 -0.22%
ADA $0.1696 -1.57%
BCH $203.81 -1.68%
LINK $7.91 -0.55%
HYPE $61.00 +5.10%
AAVE $66.02 -0.94%
SUI $0.7579 -0.91%
XLM $0.1835 -3.65%
ZEC $423.49 +3.40%

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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