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TechFlow news, according to Bloomberg analyst James Seyffart's monitoring, during today's U.S. stock market opening trade—within just about an hour—the trading volume of BlackRock's spot Bitcoin ETF (IBIT) reached $155 million, surpassing GBTC's $113 million.
The analyst noted that today might mark the first day one of the nine spot Bitcoin ETF products exceeds GBTC in trading volume.
According to Bloomberg analyst James Seyffart, just over an hour into today's U.S. stock market trading session, BlackRock's spot Bitcoin ETF (IBIT) had surpassed GBTC in trading volume, reaching $155 million compared to GBTC's $113 million. The analyst noted that today might mark the first day one of the nine spot Bitcoin ETF products has exceeded GBTC in daily trading volume.
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