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VanEck Bitcoin Spot ETF Daily Trading Volume Reaches $258 Million, a 14-Fold Increase

VanEck Bitcoin Spot ETF Daily Trading Volume Reaches $258 Million, a 14-Fold Increase

2024/02/20 21:04

Eric Balchunas, a Bloomberg analyst, posted on the X platform stating that the trading volume of VanEck Bitcoin Spot ETF (HODL) has reached $258 million today, which is a 14-fold increase compared to the product's average daily trading volume. Moreover, this increase is not attributed to a single large investor but rather from 32,000 individual trades, which is 60 times the average trading volume.

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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.

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