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BTC $63,306.93 +0.82%
ETH $1,690.77 +1.80%
BNB $602.08 +0.77%
XRP $1.17 +2.34%
SOL $67.03 +2.46%
TRX $0.3252 -0.48%
DOGE $0.0861 +1.25%
ADA $0.1681 +4.11%
BCH $208.11 -5.55%
LINK $7.97 +2.32%
HYPE $61.84 +1.85%
AAVE $62.60 +0.18%
SUI $0.7587 +2.45%
XLM $0.2002 +0.83%
ZEC $451.24 +5.95%
BTC $63,306.93 +0.82%
ETH $1,690.77 +1.80%
BNB $602.08 +0.77%
XRP $1.17 +2.34%
SOL $67.03 +2.46%
TRX $0.3252 -0.48%
DOGE $0.0861 +1.25%
ADA $0.1681 +4.11%
BCH $208.11 -5.55%
LINK $7.97 +2.32%
HYPE $61.84 +1.85%
AAVE $62.60 +0.18%
SUI $0.7587 +2.45%
XLM $0.2002 +0.83%
ZEC $451.24 +5.95%

Data: Other than GBTC, the other 9 Bitcoin spot ETFs have accumulated purchases of 79,600 BTC over 6 trading days

2024-01-20 09:34:04
Collection

ChainCatcher news, according to data from CC15Capital, Bitcoin spot ETFs saw another huge trading volume today, with 3 of the 20 ETFs with the largest trading volume related to BTC, including GBTC, BITO (futures ETF), and IBIT. Excluding GBTC, the other 9 spot ETFs have purchased 79,618 BTC within the 6 days since approval.

Bloomberg ETF analyst Eric Balchunas stated that, overall, the average daily trading volume of the 9 Bitcoin spot ETFs is $120 million, placing it in the top 1% of all ETFs (including GBTC). Even just considering the average daily trading volume of FBTC and IBIT, it can rank in the top 2%, while the average issuance time of ETFs in the top 2% has been around 14 years.

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