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The trading volume of nine spot Bitcoin ETFs increased by 34% today, and GBTC fell by 24%

The trading volume of nine spot Bitcoin ETFs increased by 34% today, and GBTC fell by 24%

CointimeCointime2024/01/19 01:43
By:Cointime

According to Bloomberg analyst Eric Balchunas, the trading volume of nine new Bitcoin ETFs increased by 34% today compared to yesterday, reaching $1.05 billion, while GBTC's trading volume decreased by 24% to $1.059 billion.Eric Balchunas commented that usually trading volume of new ETFs decreases day by day after listing, but except for GBTC, all other products have shown an upward trend. Although GBTC's volatility is stable, its negative premium has slightly expanded, which may be due to selling pressure.

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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.

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