The spot ETFs posted record volumes on Monday as bitcoin gained 6% during U.S. trading hours.
Category: Bitcoin ETF
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Bloomberg exchange-traded funds analyst Eric Balchunas noted a particular uptick in volume for HODL and BTCW.
Inflows significantly accelerated last week, indicating increasing demand for new spot-based ETFs, CoinShares’ head of research James Butterfill said.
Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs).
Spot bitcoin ETFs attracted Thursday their third-largest net inflows since debut, increasing their holdings by 9,260 BTC.
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