The proportion of GBTC in the daily trading volume of spot Bitcoin ETF has dropped to around 30%
Research analyst Rebecca Stevens from The Block posted on X platform, stating that data shows since the launch of spot Bitcoin ETFs, GBTC has gradually lost its dominant position in trading volume. Initially, GBTC accounted for over half of the daily ETF trading volume, but now it only holds around 30%, being surpassed by IBIT last week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PONS Price Aims to Jump Past $1 After 13,000% Rally Post Mid-July
United Kingdom: Backloaded consolidation risks – Deutsche Bank
Waste Management VP, Chief Accounting Officer John A. Carroll sells 1,365 shares for $300,163.5
Crypto prices
More
