The trading volume of Bitcoin exchange-traded fund shares on the day of their launch amounted to more than $4.6 billion. Crypto investors made around 700,000 transactions, but some global companies, including large ones, said they would not open operations. in Bitcoin ETFs.
Cryptocurrency investors made around 700,000 transactions with the first Bitcoin ETFs on the day they were launched. Mutual fund trading volume exceeded $4.6 billion, Bloomberg reported.
The largest Bitcoin ETF trading volume was recorded by Grayscale ($2.09 billion) and BlackRock ($1.01 billion). Vanguard, the second-largest firm in terms of assets under management after BlackRock, said it would not open Bitcoin ETF trading on its platform.
The price of Bitcoin on the day of the start of Bitcoin ETF trading was unstable and fluctuated in the range of $45.7 thousand to $48 thousand. On Friday, January 12, Bitcoin quotes stabilized and at the time of this publication showed a drop of 1.5%.
The US Securities and Exchange Commission officially approved the launch of the first Bitcoin ETFs on January 10.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
