How Successful Was the First Day of BTC ETF Trading?
The Breakdown
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Trading Volume and Performance of First Day BTC ETFs
This chapter analyzes the trading volume and performance of new spot ETFs on their first day, highlighting the significant volumes of ProShares Bitcoin futures ETF BITO and GBTC. It also discusses the speculation around retail investors exiting GBTC and the flow of new capital into different ETFs, as well as the volume flow out of Grayscale.
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Transcript
