U.S. spot Bitcoin ETFs account for nearly 90% of the market share of daily trading volume among ETFs providing exposure to Bitcoin prices
Just two months after the launch of the Spot Bitcoin ETF, the U.S. Spot Bitcoin ETF accounted for nearly 90% of the market share of daily trading volume among ETFs that provide Bitcoin price exposure. The Bitcoin futures ETF launched in 2021 currently only accounts for 10%. According to The Block’s Data Dashboard, these numbers highlight investors’ preference for investing directly in Bitcoin through ETFs rather than products based on Bitcoin futures contracts.
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.
You may also like
DEX aggregator Titan completes $7 million seed round led by Galaxy Ventures
Canadian RCMP seizes over $56 million in cryptocurrency and shuts down TradeOgre platform
Nasdaq rises 1% intraday, S&P 500 is up 0.67%
CBOE announces Dogecoin ETF has been listed
Trending news
MoreCrypto prices
More
