Bitcoin ETFs Register The Biggest Single-Day Trading Volume, Whales Accumulate

Bitcoin ETFs Register The Biggest Single-Day Trading Volume, Whales Accumulate

Bitcoin ETFs continue to be the driving force behind all the trading activity that’s taking place in and around BTC. On Tuesday, February 20, Bloomberg Intelligence’s senior ETF strategist Eric Balchunas stated that the nine Bitcoin ETFs have registered the biggest single-day trading volume ever since the launch.
Bitcoin ETFs See Massive Trading Volumes
In his post on the X platform, Bloomberg ETF strategist Eric Balchunas said that the combined trading volume reached approximately $2 billion, fueled by notable contributions from $HODL, $BTCW, and $BITB, all of which shattered their previous volume records.
Balchunas underscores the magnitude of this achievement by providing context: the $2 billion trading volume places The Nine ETFs in the realm of the top 10 among ETFs and the top 20 among individual stocks in terms of trading activity.
VanEck’s spot Bitcoin ETF has seen an impressive surge, with its trading volume surpassing $300 million, a significant leap compared to its pre

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