TLDR Crypto · MARKETS & BUSINESS

BITCOIN ETFS DO $4.5 BILLION IN VOLUME ON DAY ONE OF TRADING

decrypt.co3 min read

Summary from the TLDR Crypto newsletter

The first day of trading for the newly launched spot Bitcoin ETFs exceeded expectations. The new funds managed to clear a total volume of $4.5 billion, indicating strong interest from Wall Street investors. Key players like BlackRock's iShares Bitcoin Trust and Grayscale's Bitcoin Trust contributed significantly. BlackRock accounted for 22% of the total volume and Grayscale hit a record high daily volume.