Trading Volume of GBTC Today Nears $500 Million, Surpassing Over 99% of ETF Products
2024/01/08 22:55
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Data released by Bloomberg analyst Eric Balchunas shows that the trading volume of GBTC today is close to $500 million, surpassing over 99% of the current 3,000 ETF products. The analyst stated that Grayscale's advantage lies in its $27 billion worth of Bitcoin and higher trading volume, giving it an edge over competitors like BlackRock and others.
1
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
Crypto prices
More
Bitcoin
BTC
$77,812.46
+5.66%
Ethereum
ETH
$2,507.47
+7.27%
Tether USDt
USDT
$0.9999
+0.02%
XRP
XRP
$1.45
+14.88%
USDC
USDC
$1
+0.00%
Solana
SOL
$93.53
+6.40%
TRON
TRX
$0.3438
+1.59%
Hyperliquid
HYPE
$75.4
+2.79%
Dogecoin
DOGE
$0.09099
+12.14%
Zcash
ZEC
$735.42
+29.52%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now