VanEck’s Bitcoin ETF notches 1,400% daily trading volume increase
VanEck and WisdomTree’s Bitcoin ETFs saw significant trading volume upticks out of the blue, with analysts at a loss for why it happened. VanEck’s spot Bitcoin exchange-traded fund (ETF) has experienced a sudden and drastic trading volume uptick. VanEck’s fund — which sports the ticker “HODL” — saw $258 million in trading volume on Feb. 20, a nearly 15 times increase in volume from the previous day, according to data shared to X by senior Bloomberg ETF analyst Eric Balchunas.
