A total of 700,000 transactions were conducted today to buy and sell spot Bitcoin ETFs, twice that of QQQ
According to data compiled by Bloomberg analyst Eric Balchunas shows that there were a total of 700,000 individual trades buying and selling spot Bitcoin ETFs today, which is twice the amount of Invesco QQQ Trust (code: QQQ) (QQQ's trading volume is larger because there are more large institutions).
The analyst commented, "Grassroots action (as opposed to large fund purchases) is much more than I expected, which is a very good sign."
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