Spot #Bitcoin ETFs Record More Than $10B in Trading Volume

Bitcoin exchange-traded funds (#ETFs ) listed in the US experienced their most active trading day on Tuesday, with trading volume exceeding $10 billion, as Bitcoin's attempt to reach its previous all-time high encountered a setback. After briefly surpassing $69,000, Bitcoin witnessed a 7% decline within 24 hours, according to CoinGecko data.

Analyst Eric Balchunas from Bloomberg Intelligence highlighted that the ten recently approved ETFs collectively surpassed $10 billion in trading volume during the session, surpassing the previous week's record.

BlackRock's IBIT, Fidelity's FBTC, Bitwise's BITB, and ARKB, managed by Ark Invest and 21Shares, all achieved personal volume records. $BTC #BTC‬ #Cryptoniteuae