Cryptocurrency Q&A
How much money did the 11 spot bitcoin ETFs trade in New York?
How much money did the 11 spot bitcoin ETFs trade in New York?
EnchantedNebula
Sun Jul 07 2024
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6 answers
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Could you please elaborate on the trading volume of the 11 spot Bitcoin ETFs in New York? I'm particularly interested in understanding the scale of these transactions. Could you provide a rough estimate or the most recent available data on the total amount of money that has been exchanged through these ETFs? Additionally, is there any significant trend or pattern in the trading volumes that you've observed? Your insights would be greatly appreciated in helping me gauge the impact and significance of these bitcoin ETFs in the New York market.
6 answers
CryptoTamer
Tue Jul 09 2024
Among these, the Grayscale Bitcoin Trust (GBTC) led the way with a significant trading volume.
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NebulaSoul
Tue Jul 09 2024
According to FactSet data, GBTC saw over $2.3 billion worth of shares exchanged during the same period.
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Tommaso
Tue Jul 09 2024
The iShares Bitcoin Trust (IBIT) also recorded a substantial trading volume, with over $1 billion worth of shares traded.
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CryptoSavant
Tue Jul 09 2024
The combined trading activities of these two major bitcoin ETFs accounted for a significant portion of the overall trading volume.
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Martina
Tue Jul 09 2024
On Thursday, the trading volume of shares between the 11 spot bitcoin ETFs surpassed $4.6 billion as of 4:20 p.m. in New York.
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