Djeep :verified: on Nostr: Bitcoin ETFs Day 1 analysis: - 11 Bitcoin ETFs listed - 700,000+ individual trades - ...

Bitcoin ETFs Day 1 analysis:

- 11 Bitcoin ETFs listed
- 700,000+ individual trades
- $4.6B in total volume
- Grayscale over $2B (much was conversion)
- BlackRock, Fidelity, ARK over $1B
- 5 issuers (in total) over $100m

Of note:
- Coinbase did $7B in #bitcoin OTC
- Vanguard bans all BTC ETFs from their platform

Conclusion:
"Easily the biggest Day One splash in ETF history."
- Bloomberg Senior ETF Analyst
@EricBalchunas