$2.3 billion spot Bitcoin trading volume just minutes since market opened

$2.3 billion spot Bitcoin trading volume just minutes since market opened

BREAKING: SPOT #BITCOIN ETF TOTAL TRADING VOLUME HITS $2,3 BILLION!
— Crypto Rover (@rovercrc) January 11, 2024

Added at 8:51am

Bitcoin 49K as the first ETF orders start filling
— zerohedge (@zerohedge) January 11, 2024

Added at 8:52am

Wow, only 20 min into trading and the volume is big with HALF A BILLION traded for the group (ex GBTC too) (outpacing $BITO by a lot) led by $IBIT (which is near lock to pass $1b) and $FBTC. Imp to note almost all the volume in first few days will convert to inflows. pic.twitter.com/LrGxZTFNsG
— Eric Balchunas (@EricBalchunas) January 11, 2024

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yieldjunkie

Jan 11, 2024 10:38am — Edited

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GBTC already suffering from the fee war!

Wild that they didn't slash that 150bps expense ratio to defend their advantage.

Their loss - it's finally time to exit that trade and look for opportunities to roll into BTC at a cool 0bp expense ratio

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Jan 11, 2024 8:50am
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