Bloomberg ETF Analyst: Total spot Bitcoin ETF trading volume fell below $1 billion for the first time on February 1
James Seyffart, an ETF analyst at Bloomberg, stated on X platform that the total trading volume of spot Bitcoin ETFs fell below $1 billion for the first time this Thursday (February 1), reaching $924 million (excluding after-hours trading).
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
UK faces economic stagnation in Q3 as dominant services sector falters
Share link:In this post: According to reports, the UK economy nearly ground to a halt in Q3 as the services sector slowed down. The 0.1% economic growth in Q3 was below the 0.2% growth projected by economists and the previously recorded 0.5% growth in Q2. The data comes less than a month after chancellor Rachel Reeves increased borrowing and taxes in the budget.
CME Bitcoin Friday Futures experience notable increase in institutional demand
CME’s Bitcoin Friday Futures weekly contracts have seen a significant uptick in institutional interest, reflecting growing demand for exposure to the digital asset market.Since their launch in late September, over 380,000 CME Bitcoin Friday Futures contracts have traded, reaching a daily average volume of 12,400 contracts.
Ethereum ETFs record highest weekly trading volume since launch
This past week, Ethereum ETFs recorded over $1.63 billion of trading volume, up over 44% from the previous week.The following is an excerpt from The Block’s Data and Insights newsletter.
Norwegian government proposes requiring disclosure of crypto asset ownership
Trending news
MoreCrypto prices
More
