BlackRock and ProShares Bitcoin ETFs Surpass GBTC Daily Trading Volume

black rock And Pro Shares every day place Bitcoin volumes exceed Shades of grey GBTC.

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Bitcoin (BTC) negotiated between $42,580 And $43,422 on Feb. 2 as THE Shades of grey Bitcoin Trust (GBTC) grappling hook on place Bitcoin exchange traded funds (ETF) sale took A break.

BTC/USD every day chart. Source: TradingView

black rock And Pro Shares AND F every day volume exceeds GBTC volume

Shades of grey converted GBTC ETFs has dominated THE place Bitcoin ETFs walk In terms of every day volumes Since THE some products began trade on Jan. 11.

This dominance came has A END on Feb. 1 When BlackRock iShares Bitcoin Trust (I BITE) And ProShares' Bitcoin Strategy ETFs (BITO) became THE First of all of THE nine AND F has exceed GBTC trade volume.

Data sharing by Bloomberg Intelligence analyst James Seyffart on Feb. 1 watch I BITE leading with $301 million In volume, while additional data watch that BITO had finished THE day with $298 million professions put. GBTC came In third with $292 million In professions.

Seyffart said:

“BlackRock’s I BITE East THE First of all ETFs has trade more that Shades of grey GBTC In A Single day. »

Always a few After hours trade LEFT but looks as Black Rock $IBIT East THE First of all ETFs has trade more that Shades of grey