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Bitcoin-related assets daily trading volume exceeds $70 billion

Bitcoin-related assets daily trading volume exceeds $70 billion

Bitget2024/11/22 03:19
BTC+1.20%

On November 22, according to data shared by Bloomberg ETF analyst Eric Balchunas, the trading volume of the Bitcoin-related asset ecosystem hit a new high today, expected to reach $70 billion, of which $50 billion was contributed by MicroStrategy ($MSTR) and its related 2x leveraged products, which have set new trading records. At the same time, $IBIT's single-day trading volume reached $5 billion, setting the second highest record in history, and $MSTZ (reverse 2x leveraged MSTR product) also broke the $1 billion mark for the first time. $MSTZ's trading volume today reached $1.2 billion, and the daily turnover rate soared 3,500%, setting a new record.

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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