As of 1:30 p.m. Eastern time (18:30 UTC), almost 36 million IBIT shares worth over $1.2 billion changed hands with two hours left of the trading session, per Barchart. Grayscale’s GBTC and Fidelity’s FBTC are also having a strong day, trading over $880 million and $660 million, respectively, so far.
Bitcoin (BTC) U.S. ETFs Bleed Over Half a Billion Dollars Despite Fed Chair Jerome Powell Ruling Out Rate Hike
On Wednesday, GBTC witnessed the second-largest outflow of $167.4 million, followed by ARKB’s $98.1 million and IBIT's $36.9 million. Other...