🚀 Exciting News: U.S. Welcomes Bitcoin ETFs with a Bang! 🎉

📅 Correction: Jan. 11, 2024, 16:11 UTC - An earlier version of this story had an incorrect ranking.

After years of anticipation, Bitcoin ETFs have received the green light in the U.S., and trading kicked off with a bang on Thursday. As of 10:15 a.m. ET (15:15 UTC) on Thursday, here's the ranking of the 11 funds by first-day trading volume, according to BitMex Research.

👇 Check out the list of the eleven ETFs as of 10:15 a.m. ET (15:15 UTC) on Thursday:

📊 UPDATE at 15:50 UTC: Over $2.7 billion traded across all Bitcoin ETP products today, with $1.9 billion in the U.S. spot ETF race.

🚀 In comparison, ProShares' futures-based bitcoin ETF (BITO) recorded $1 billion in volume on its first day in October 2021. Notably, the largest-ever first-day volume for an individual ETF launch was $2.1 billion.

🔍 Bloomberg ETF analyst Eric Balchunas shared insights, highlighting the anticipation around $IBIT potentially breaking the all-time day one flow/volume record of $2.1 billion.

📈 Bitcoin (BTC) surged, reaching a fresh two-year high above $48,000 during the day as the ETF trading frenzy unfolded.

👀 The crypto space is buzzing with excitement as the ETFs make their mark. Stay tuned for more updates on this historic development!

🚀 Like, share, and follow for the latest in crypto trends! #BitcoinETF #CryptoTrading #BTCtotheMoon #BTCETFSPOT #BTC-ETF. $BTC