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

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

Crypto Rover @cryptorover
BREAKING: SPOT #BITCOIN ETF TOTAL TRADING VOLUME HITS $2,3 BILLION! Jan 11, 2024 8:47am

Added at 8:51am

zerohedge @zerohedge
Bitcoin 49K as the first ETF orders start filling Jan 11, 2024 8:51am

Added at 8:52am

Eric Balchunas @EricBalchunas
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.

Jan 11, 2024 8:48am

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

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