💰 $9.6 billion in 3 days - ETF analyst highlights remarkable early success of Bitcoin ETFs
On Tuesday, the third trading day of the US-based spot Bitcoin exchange-traded funds (ETFs), there was a noticeable drop in activity, with the trading volume falling by 37% compared to the level of January 12, 2024.
Most funds closed with a decline of slightly more than 1% against the US dollar, with Grayscale's GBTC taking the lion's share of the trading volume.
BlackRock has accumulated 16,362 Bitcoin after only 4 trading days.
Imagine how many they will accumulate by the end of this year ...
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