Currently, GBTC accounts for 40% of the total trading volume of spot Bitcoin ETFs
Data from BitMEX Research indicates that GBTC currently represents 40% of the total trading volume of spot Bitcoin ETFs. As of 11:10 AM Eastern Time, the trading volume for GBTC is approximately $1 billion, although it is not yet clear how much of this might be funds flowing out of the instrument.
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
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
Trending news
MoreCrypto prices
More
