EddieJayonCrypto
27 Feb 24
On February 26, trading volumes for spot Bitcoin ETFs reached an all-time high of $2.4 billion, excluding Grayscale’s GBTC. This increase coincided with Bitcoin's rise above $56,000, reaching a two-year high. BlackRock’s iShares Bitcoin Trust (IBIT) dominated the market, recording $1.29 billion in t...
On February 26, trading volumes for spot Bitcoin ETFs reached an all-time high of $2.4 billion, excluding Grayscale’s GBTC. This increase coincided with Bitcoin's rise above $56,000, reaching a two-year high. BlackRock’s iShares Bitcoin Trust (IBIT) dominated the market, recording $1.29 billion in trading volume, with Fidelity’s FBTC securing the second position with $576 million in trading volume. Notable inflows were also reported from ARK 21Shares (ARKB) and Bitwise (BITB) ETFs, accumulating $276 million and $81 million, respectively.
Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.