The daily trading volume of Bitcoin ETFs in the United States hits a new low since early February
On Monday, the net inflow of the U.S. spot Bitcoin ETF was $61.98 million, while the total daily trading volume was $779.87 million, which is the lowest level since February 6 and also ranks third-lowest in overall daily trading volumes. Augustine Fan, director of SOFA.org said: "The low trading volume is expected because market sentiment has been depressed since a large-scale sell-off occurred a few weeks ago. It's worth noting that summer vacation and recent data have reduced people's concerns about an impending economic recession; investors have no choice but to wait for more signals from the Federal Reserve meeting later this week."
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