Back-to-Back: The Nine's Bitcoin ETFs Hit $2B Volume Yet Again

Nine of the recently launched spot Bitcoin ETFs have recorded a second straight trading day of combined volumes of over $2 billion.

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Trading volumes for the nine funds topped $2.4 billion on Feb. 26, beating the prior record of $2.2 billion set on their first trading day.

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BlackRock’s iShares Bitcoin ETF (IBIT) saw over 100,000 individual trades on Feb. 27, up from the around 30,000 to 60,000 average daily trades, Balchunas observed.

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The Fidelity Wise Origin Bitcoin Fund (FBTC) had $578 million in daily volume, while the ARK 21Shares Bitcoin ETF (ARKB) had $204 million in trade volume.

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It is the second day in a row that the nine new ETFs have topped $2 billion in daily volume since their launch on Jan. 11.

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