Daily trading volume for BlackRock's spot bitcoin ETF exceeded Grayscale's GBTC for the first time, marking a potential shift in the market.
Yesterday, BlackRock’s newly-launched spot bitcoin exchange-traded fund (ETF) surpassed Grayscale's in daily trading volume for the first time since the products went live in early January.
BlackRock’s iShares Bitcoin Trust (IBIT) beat out Grayscale’s trading volumes by at least $10 million, logging trading volume of $302 million compared to Grayscale’s $292 million for the day, according to Blockworks.
Source - TheStreet Crypto
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