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
Trust Wallet: Improving the refund process to ensure all affected users receive refunds
The LAB team wallet transferred 3.506 million tokens to CEX 40 minutes ago.
Data: 2,000 ETH transferred from powerstake.eth, worth approximately $5.92 million