Live data from CoinGlass at 11:30 p.m. UTC reveals that Bitcoin exchange-traded funds (ETFs) recorded a trading volume exceeding $4 billion.
Specifically, $3.11 billion in volume was distributed among nine spot Bitcoin ETFs. The five spot Bitcoin ETFs with the highest volumes were:
- Grayscale Bitcoin Trust, with $1.83 billion in volume
- BlackRock’s iShares Bitcoin Trust, with $971 million in volume
- Fidelity Wise Origin Bitcoin Trust, with $436 million in volume
- Ark/21 Shares Bitcoin Trust, with $151.53 million in volume
- Bitwise Bitcoin ETP, with $78.35 million in volume
Bitcoin futures ETFs contributed $983 million in volume, primarily driven by ProShares’ Bitcoin Strategy ETF with a $971 million volume.
The combined volume for spot and futures Bitcoin ETFs was reported at $4.09 billion. CoinGlass provided data for 23 futures and spot ETFs, with price and volume data available for all but three funds.
Spot Bitcoin ETFs conclude their inaugural trading sessions.
Spot Bitcoin ETFs have completed their initial trading days following approval by the U.S. Securities and Exchange Commission (SEC) on Wednesday, Jan. 10, and the commencement of trading on Thursday, Jan. 11.
Negative sentiments persist on social media regarding Vanguard’s decision not to support Bitcoin products. Bloomberg ETF analyst Eric Balchunas noted today that the “fury towards [the] SEC has been redirected at Vanguard” due to its anti-Bitcoin stance. He acknowledged that Vanguard, as a private company, has the right to make listing decisions.
Additional reports focus on the impact of spot Bitcoin ETFs on BTC prices, BlackRock’s entry into the list of the top 15 Bitcoin holders, and Samson Mow’s prediction of a supply shock partially driven by spot Bitcoin ETFs.
BTC Price & Market Data
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