BTC trading volume reached a historic low over the weekend subsequent to the ETF launch.
According to Kaiko experts, the indicator, which stood at 28% in 2019, has now diminished to 16%.
Crypto markets are continuously open, unlike the stock market, which closes on weekends and holidays and operates within defined trading hours on weekdays.
The ETF launch appears to have a substantial impact on Bitcoin, causing it to align more closely with the stock market's operational schedule.
Analysts have also identified a new trend of daily fluctuations, noting that Bitcoin tends to rise after the closure of US stock exchanges. $BTC #Bitcoin