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Since the launch of the spot Bitcoin ETF, GBTC has a total trading volume of approximately $15.6 billion

Since the launch of the spot Bitcoin ETF, GBTC has a total trading volume of approximately $15.6 billion

2024/02/09 08:42
BTC-0.20%

According to data compiled by Bloomberg, since the start of trading for ETFs, the total trading volume of GBTC is approximately $15.6 billion, while BlackRock and Fidelity funds have total trading volumes of around $7.3 billion and $5.9 billion respectively. Since the launch of physically-backed Bitcoin ETFs, nine new ones have attracted net inflows of around $8 billion, while Grayscale Fund has seen outflows of $6 billion. Grayscale Fund remains the largest with assets totaling $21 billion, followed by BlackRock ETF with assets totaling $3.4 billion and Fidelity ETF with assets totaling $2.9 billion.

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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