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'The Nine' spot Bitcoin ETFs see $2B volume for 2nd straight day – Cointelegraph

Nine of the recently launched spot Bitcoin exchange-traded funds (ETFs) posted total trading volume of more than $2 billion for the second day in a row as demand and interest remain heated. In a Feb. 27 X post, Bloomberg ETF analyst Eric Balciunas described the day as “another wild volume day for Nine,” citing Grayscale’s […]

'Big volume day' for BlackRock as Bitcoin ETFs notch $1B volume – Cointelegraph

Spot Bitcoin Exchange Traded Fund (ETF) total daily trading volume exceeded $1 billion on February 7th, with BlackRock leading the way. Bloomberg Intelligence analyst James Seifert said it was a “huge volume day” for BlackRock’s IBIT Bitcoin ETF, with daily trading volume of $341.2 million and Grayscale’s That surpassed Bitcoin Trust’s trading volume of $296.5 […]

BlackRock and ProShares Bitcoin ETFs overtake GBTC's daily trading volume – Cointelegraph

Grayscale Bitcoin Trust (GBTC) battle over spot Bitcoin exchange-traded fund (ETF) shorting was suspended, and Bitcoin (BTC) fell from $42,580 to $43,422 on February 2nd. traded between. BTC/USD daily chart. Source: TradingView BlackRock and ProShares ETF daily volume exceeds GBTC volume Grayscale’s Convertible GBTC ETF has dominated the spot Bitcoin ETF market in terms of […]

Tesla shares drop after warning of slower volume growth in 2024

Elon Musk's Tesla on Wednesday reported a decline in fourth-quarter gross profit margin from a year earlier as the company offered price cuts and incentives to boost demand for electric vehicles. Tesla has warned that sales growth will slow sharply this year compared to last year. “As our teams work to launch next-generation vehicles at […]

Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs – CoinDesk

Activities of ProShares Bitcoin Strategy ETF (BITO), the world's leading Bitcoin (Bitcoin) Futures-based exchange-traded funds (ETFs) have cooled significantly since the launch of ETFs that invest directly in cryptocurrencies began trading in the United States on January 11. Just over $500 million worth of BITO stock was transferred to the NYSE on Thursday, 75% from […]

Euphoria over Bitcoin ETF as trading volume surges past $4B on just the first day

Bitcoin exchange-traded funds listed in the U.S. are worth $4.6 billion as of Thursday afternoon, as investors pounced on the breakthrough product approved by U.S. securities regulators on Wednesday, according to LSEG data. shares are traded. These products represent a watershed moment for the cryptocurrency industry, testing whether digital assets, which are still considered risky […]