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
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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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