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The weekly trading volume of the US spot Bitcoin ETF is approximately $22 billion

The weekly trading volume of the US spot Bitcoin ETF is approximately $22 billion

2024/03/02 01:11
BTC+0.12%

According to data released by Bloomberg analyst Eric Balchunas, the trading volume of the US spot Bitcoin ETF was still very high on Friday, marking the third largest trading day after Wednesday and Thursday. The total trading volume for this week reached 22 billion US dollars. The analyst stated: "The past 5 days have seen a month's worth of trading volume, with BlackRock's IBIT daily turnover exceeding 1 billion US dollars. Will this situation fade away or become the new normal? Next week's data will tell us the answer."

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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