New Bitcoin ETFs Hit $10B in Record Trading Volume Day
Spot Bitcoin exchange-traded funds have made a new record in terms of daily trading volume which reached $10 billion.
Spot Bitcoin exchange-traded funds have made a new record in terms of daily trading volume which reached $10 billion.
Bitcoin’s price closed in on its U.S. dollar all-time high on Tuesday, coming within 1% of that peak from November
QCP Capital warns about funding rates while highlighting the positive impact of spot ETFs on Bitcoin's prospects.
Hong Kong's top futures Bitcoin ETF sees assets surge 500%, hitting $100M milestone since October 2023.
The prominent researcher, however, remains optimistic about Bitcoin.
The success of IBIT is significant, as only 150 out of 3,400 global ETFs have exceeded $10 billion AUM, achieving
Merrill Lynch said it would only offer Bitcoin if the ETFs could trade efficiently, and the funds delivered.
BlackRock continues to break records in the ETF market, netting $520 million in inflows on Tuesday.
BlackRock's IBIT accounted for over half of the daily trading volume as it surpassed $1 billion in trading volume.
Bitcoin ETFs are already gaining on gold in size due to massive inflows in the past six weeks.