The First Day of Trading for BTC ETF Didn't Go Well.
BTC started at $49k but quickly dropped to less than $46k, around 7% lower. The ETFs are now trading below the starting price.
Despite Bloomberg promising a huge $4 billion in ETF trading volume, it's not considered a big deal in the cryptocurrency market. Normally, cryptocurrencies see around $30 billion in daily trading, so the ETF trading volume isn't making a significant impact.
$BTC $ETH
