After the approval of Bitcoin spot ETF, GBTC's trading volume exceeded 600 million US dollars on the first day

2024/01/12 08:24

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According to CoinDesk, Craig Salm, Chief Legal Officer of Grayscale Investments, revealed the trading volume of GBTC on the first day after the US Securities and Exchange Commission (SEC) approved the product as the first batch of spot Bitcoin ETFs began trading.

Craig Salm said: "Now we see that the first transaction today started at 4 am and continued until opening. I found that GBTC has a trading volume of over $600 million, which is what we saw throughout the entire trading process yesterday. I witnessed all this happening at NYSE ARCA, so it's really cool to be able to witness the first day of trading with the Grayscale team. This is a culmination of hard work by all teams."

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