Spot Bitcoin ETF Exceeds $11B, Crypto Bull Market on Sight
The cumulative trading volume for the 11 spot bitcoin ETFs soared past $11.1 billion on Wednesday, marking their fourth day of trading.
This data, sourced from Yahoo Finance and compiled by The Block, sheds light on the remarkable traction these ETFs are gaining in the market. Grayscale, BlackRock, and Fidelity assert dominance, collectively contributing to over 90% of its total trading volume.
Decline in Daily Volume
Despite the overall success, daily trading volume experienced a dip, settling at $1.5 billion on Wednesday. According to The Block, this marks a decrease from Tuesdays...
source:
https://tokenpost.com/Spot-Bitcoin-ETF-Exceeds-11B-Crypto-Bull-Market-on-Sight-11108
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