Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
9 Spot Bitcoin ETFs Other Than GBTC Trade Well Over $2 Billion in a Single Day

9 Spot Bitcoin ETFs Other Than GBTC Trade Well Over $2 Billion in a Single Day

2024/02/27 22:59

Nine spot bitcoin ETFs other than GBTC were trading well over $2 billion a day by the close of U.S. trading on Tuesday, with BlackRock's IBIT once again breaking its record with more than $1.3 billion in trades, and Fidelity's FBTC at $578 million, according to data released by Bloomberg analyst Eric Balchunas. Analysts also said IBIT had more than 100,000 unique trades, with II averaging roughly 30,000-60,000 per day prior to Tuesday.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

South Korean stocks dropped over 1%

格隆汇•2026/09/29 04:07

"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage

Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.

华尔街见闻•2026/09/29 04:01