"Surging Retail Interest Propels Bitcoin ETFs to Record Trading Volumes"
Bitcoin exchange-traded funds (ETFs) have seen a surge in trading volumes as retail investors join the cryptocurrency rally, with the iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, and ARK 21Shares Bitcoin ETF all experiencing record-high trading activity. The increased interest in these ETFs indicates that retail traders are using them to participate in the bitcoin rally, with the cryptocurrency surpassing the $60,000 mark for the first time since November 2021. Despite the significant price increase of bitcoin since the approval of these ETFs, retail traders are actively buying and selling the funds, contributing to the surge in trading volumes.
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