The trading volume of VanEck Bitcoin Spot ETF approached $400 million yesterday
Bloomberg analyst Eric Balchunas posted on X platform that as of 12:57 a.m. on February 20, the daily trading volume of VanEck Bitcoin Spot ETF (HODL) had reached $258 million, which is 14 times its average daily trading volume. Moreover, this trading volume did not come from a single large investor but from 32,000 individual transactions, which is 60 times its average transaction volume. According to updated data later, the trading volume of VanEck Bitcoin Spot ETF exceeded $399 million yesterday.
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
The US SEC will issue guidelines for cryptocurrency custody services
Negotiations on the U.S. crypto market structure bill may be postponed until January next year
Kazakhstan is advancing its national crypto and blockchain strategy with Solana at the core.