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AI for Return Rate Reduction ✌️【Risk Management】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!On Wednesday and began trading Thursday.The Grayscale Bitcoin Trust (GBTC), an incumbent product since it has existed for years but in a less-desirable format, saw the most volume at $2.3 billion, according to data posted on X by Bloomberg Intelligence analyst James Seyffart.BlackRock's iShares Bitcoin Trust (IBIT) came in second place with $1 billion, his data showed, followed by the Fidelity Wise Origin Bitcoin Fund (FBTC) at $712 million.Here's the#BitcoinETF Cointucky Derby data via trading volume on day 1 (more volume will continue for a little while).Total Volume was over $4.6 Billion with$GBTCabout half of it.
AI for Return Rate Reduction ✌️【Risk Management】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!BlackRock & Fidelity went 1 & 2 absent GBTC.pic.twitter.com/t70MzyQfZWWhile Grayscale'sGBTCled, this is likely due to existing investors selling shares, Bloomberg analyst Eric Balchunas explained in anX post.
GBTC, introduced in 2013, is the world's largest bitcoin investment fund and was converted into an ETF from a closed-end structure after Wednesday's regulatory approval.In comparison, ProShares' futures-based bitcoin ETF (BITO) amassed$1 billion volumeon its first day in October 2021.AI for Return Rate Reduction ✌️【Risk Management】✌️Achieve up to 100% returns with just ₹500. Invest smart, earn big!
