The launch of spot Bitcoin ETFs has taken the financial world by storm, with unprecedented trading volumes and significant developments in the cryptocurrency markeе:
⚫️Spot Bitcoin ETFs had an extraordinary start with $1.2bn in trading volume within the first 30 minutes. By the end of the first day, trading had surged to over $4.6bn
⚫️BTC ETF recorded 700k transactions, with GBTC leading at $2.09bn
⚫️UBS and Citi have decided to allow some clients to trade Bitcoin ETFs
⚫️Blockworks introduced its own Bitcoin ETF-tracker
⚫️Vanguard has decided not to offer spot Bitcoin ETFs