Trading Volume of GBTC Today Nears $500 Million, Surpassing Over 99% of ETF Products
Data released by Bloomberg analyst Eric Balchunas shows that the trading volume of GBTC today is close to $500 million, surpassing over 99% of the current 3,000 ETF products. The analyst stated that Grayscale's advantage lies in its $27 billion worth of Bitcoin and higher trading volume, giving it an edge over competitors like BlackRock and others.
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