U.S. spot Bitcoin ETFs account for nearly 90% of the market share of daily trading volume among ETFs providing exposure to Bitcoin prices
Just two months after its launch, the US spot Bitcoin ETF has taken up nearly 90% of the market share of ETFs that provide exposure to Bitcoin prices. The Bitcoin futures ETF launched in 2021 currently only accounts for 10% of the market share. These numbers highlight investors' preference for directly investing in Bitcoin through ETFs rather than products based on Bitcoin futures contracts, according to The Block's Data Dashboard.
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.
You may also like
Announcement on the removal of the "Signal Calls" feature from the app
[Initial listing] Bitget to list MAGNE.AI (MHA)
CandyBomb x DGAI (Episode 2): Trade to share 50,000 USDT
CandyBomb x MCAT: Trade to share 60,000 USDT
Crypto prices
More
