A Bitcoin Exchange-Traded Fund (ETF) set a new world record in first day trading volume for all ETFs ever.
On the first day of trading, spot Bitcoin ETFs topped $4.5 billion in volume. This is a staggering amount, especially considering that this was the first day these ETFs were available for trading.
The top performer of the newly listed funds was the Grayscale Bitcoin Trust (GBTC), handling $2.3 billion in volume — nearly 50% of the group’s total volume. Following close behind was BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), which amassed around $1 billion in day one trading volume.
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