"Bitcoin ETF Trading Soars to $3 Billion on First Day, SEC Approves Proposals"

1 min read
Source: Bloomberg
"Bitcoin ETF Trading Soars to $3 Billion on First Day, SEC Approves Proposals"
Photo: Bloomberg
TL;DR Summary

The first US Bitcoin ETFs have had a strong start, with over $3.5 billion worth of shares traded on their first day, marking a historical milestone for the long-sought investment vehicles. The Grayscale Bitcoin Trust, now an ETF, saw about $1.7 billion in volume, while BlackRock’s iShares Bitcoin Trust had over $880 million change hands.

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