With the opening of the US Stock Exchanges, spot Bitcoin ETFs began to be traded, which paved the way for the price to rise to 49 thousand dollars.
US Securities and Exchange Commission (SEC) last night (GMT+3) 11 spot Bitcoin had given approval for the exchange traded fund (ETF). US stock markets opening today at 17.30 together spot ETFs started trading.
Spot Bitcoin ETFs within the first half hour of trading 3 billion dollars While exceeding the volume, the interest of investors was the striking point. With transaction volume exceeding expectations Bitcoin price too 30 minutes in from 3% increasing too much for 49 thousand dollars reached.
According to Yahoo Finance data BlackRock’s Bitcoin ETF iShares Bitcoin Trust (IBIT), $27.94 Getting started with price for $30 reached up. In total over 10 million shares The stock changed hands.
on the other hand Grayscale’s Bitcoin Trust fund has been converted into a spot ETF as of today. Aforementioned GBTC, within the first half hour lowest 41.5 with the highest in the range of $43.2 changed.
In Grayscale’s ETF, the total 5.2 million GBTC changed hands.
Other approved Bitcoin ETFs are listed as follows; ARK 21Shares Bitcoin ETF (ARKB), WisdomTree Bitcoin Fund (BTCW), Invesco Galaxy Bitcoin ETF (BTCO), Bitwise Bitcoin ETF (BITB), VanEck Bitcoin Trust (HODL), Franklin Bitcoin ETF (EZBC), Fidelity Wise Origin Bitcoin Trust ( FBTC), Valkyrie Bitcoin Fund (BRRR) and Hashdex Bitcoin ETF (DEFI).
According to CoinGecko data, Bitcoin, at the time of writing from $48,700 is being traded.