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The trading volume of VanEck Bitcoin Spot ETF approached $400 million yesterday

The trading volume of VanEck Bitcoin Spot ETF approached $400 million yesterday

2024/02/21 01:54
BTC-0.25%

Bloomberg analyst Eric Balchunas posted on X platform that as of 12:57 a.m. on February 20, the daily trading volume of VanEck Bitcoin Spot ETF (HODL) had reached $258 million, which is 14 times its average daily trading volume. Moreover, this trading volume did not come from a single large investor but from 32,000 individual transactions, which is 60 times its average transaction volume. According to updated data later, the trading volume of VanEck Bitcoin Spot ETF exceeded $399 million yesterday.

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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