Today, a total of 700,000 transactions were made buying and selling spot Bitcoin ETFs, which is twice that of QQQ
Data compiled by Bloomberg analyst Eric Balchunas shows that today there were a total of 700,000 individual trades buying and selling spot Bitcoin ETFs, twice as many as the Invesco QQQ Trust (code: QQQ), which has a larger trading volume because it is more popular with large institutions. The analyst commented, "Grassroots action (as opposed to big money purchases) is much more than I expected, which is a very good sign."
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.
You may also like
In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange
Trending news
MoreCrypto prices
More
