BTC $64,104.83 +1.39%
ETH $1,895.23 +0.21%
BNB $600.83 -0.39%
XRP $0.9946 -0.26%
SOL $75.88 +0.78%
TRX $0.3327 -0.10%
DOGE $0.0698 -0.53%
ADA $0.1729 -0.95%
BCH $203.30 -0.59%
LINK $9.44 +0.44%
HYPE $59.45 +0.31%
AAVE $88.56 +3.03%
SUI $0.6470 -4.12%
XLM $0.1535 -2.44%
ZEC $505.33 -0.74%
BTC $64,104.83 +1.39%
ETH $1,895.23 +0.21%
BNB $600.83 -0.39%
XRP $0.9946 -0.26%
SOL $75.88 +0.78%
TRX $0.3327 -0.10%
DOGE $0.0698 -0.53%
ADA $0.1729 -0.95%
BCH $203.30 -0.59%
LINK $9.44 +0.44%
HYPE $59.45 +0.31%
AAVE $88.56 +3.03%
SUI $0.6470 -4.12%
XLM $0.1535 -2.44%
ZEC $505.33 -0.74%

The Bitcoin ETF Cointucky Derby saw a trading volume of over $4.6 billion on its first day, with GBTC accounting for about half of that

2024-01-12 08:15:16

ChainCatcher news, Bloomberg ETF analyst James Seyffart posted on X platform that the total trading volume of the Bitcoin ETF Cointucky Derby on its first day exceeded $4.6 billion, with GBTC accounting for about half.

Seyffart noted that it is easy to associate a significant portion of this trading volume with selling GBTC and temporarily buying other ETFs.

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