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Currently, GBTC accounts for 40% of the total trading volume of spot Bitcoin ETFs

Currently, GBTC accounts for 40% of the total trading volume of spot Bitcoin ETFs

2024/01/11 16:25

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.

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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.

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