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BTC $76,059.09 -0.16%
ETH $2,337.46 -1.06%
BNB $626.77 -1.03%
XRP $1.44 +0.03%
SOL $86.45 -0.36%
TRX $0.3333 +1.06%
DOGE $0.0952 -0.88%
ADA $0.2488 -1.14%
BCH $442.63 -0.91%
LINK $9.27 -1.30%
HYPE $43.58 -1.84%
AAVE $92.50 -18.00%
SUI $0.9636 -0.53%
XLM $0.1717 +0.70%
ZEC $325.80 +0.44%
BTC $76,059.09 -0.16%
ETH $2,337.46 -1.06%
BNB $626.77 -1.03%
XRP $1.44 +0.03%
SOL $86.45 -0.36%
TRX $0.3333 +1.06%
DOGE $0.0952 -0.88%
ADA $0.2488 -1.14%
BCH $442.63 -0.91%
LINK $9.27 -1.30%
HYPE $43.58 -1.84%
AAVE $92.50 -18.00%
SUI $0.9636 -0.53%
XLM $0.1717 +0.70%
ZEC $325.80 +0.44%

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
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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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