BTC $64,168.27 +1.28%
ETH $1,896.73 +0.19%
BNB $602.26 -0.41%
XRP $0.9958 -0.38%
SOL $75.89 +0.77%
TRX $0.3328 +0.05%
DOGE $0.0697 -0.57%
ADA $0.1724 -1.56%
BCH $203.65 -0.43%
LINK $9.41 +0.09%
HYPE $59.52 +0.46%
AAVE $88.49 +3.14%
SUI $0.6448 -4.70%
XLM $0.1539 -2.35%
ZEC $506.16 -0.91%
BTC $64,168.27 +1.28%
ETH $1,896.73 +0.19%
BNB $602.26 -0.41%
XRP $0.9958 -0.38%
SOL $75.89 +0.77%
TRX $0.3328 +0.05%
DOGE $0.0697 -0.57%
ADA $0.1724 -1.56%
BCH $203.65 -0.43%
LINK $9.41 +0.09%
HYPE $59.52 +0.46%
AAVE $88.49 +3.14%
SUI $0.6448 -4.70%
XLM $0.1539 -2.35%
ZEC $506.16 -0.91%

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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