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Bitwise Bitcoin Spot ETF has issued a new 2.9 million shares, setting the second largest single-day record

Bitwise Bitcoin Spot ETF has issued a new 2.9 million shares, setting the second largest single-day record

2024/01/18 01:36
BTC+0.01%

Eaglebrook Advisors founder Mike Alfred posted on social media that he had a call with the Bitwise team responsible for the BITB spot Bitcoin ETF. They issued 2.9 million shares today, generating about $70 million in revenue. This is the second largest trading day since its launch. Interest and activity are both strong. Bitwise used BRRNY vwap to buy all Bitcoins on that day.

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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