The weekly trading volume of the US spot Bitcoin ETF is approximately $22 billion
According to data released by Bloomberg analyst Eric Balchunas, the trading volume of the US spot Bitcoin ETF was still very high on Friday, marking the third largest trading day after Wednesday and Thursday. The total trading volume for this week reached 22 billion US dollars. The analyst stated: "The past 5 days have seen a month's worth of trading volume, with BlackRock's IBIT daily turnover exceeding 1 billion US dollars. Will this situation fade away or become the new normal? Next week's data will tell us the answer."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pyth October Report: ARR Jumps 18.9% as Data Expansion Accelerates
Elon Musk: SpaceX (SPCX.US) Q4 revenue is expected to increase by approximately 70% quarter-on-quarter, with government contract income share falling below 10%
Elon Musk stated on Friday that SpaceX (SPCX.US) will continue to reduce its dependence on U.S. government procurement contracts.
After the sharp decline in tech stocks, the White House suddenly canceled the top tech advisor meeting the following day.
The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.
Crypto prices
More
