Posted 2/21/2024, 12:39:00 AM
Bitcoin ETF Trading Surges to $2 Billion Amid Rising Crypto Sentiment
- Bitcoin ETF trading volume spiked to highest level since January debut, nearly $2 billion
- VanEck's BTC ETF saw $400 million in volume, 14x daily average with 32,000 trades
- WisdomTree and Bitwise Bitcoin ETFs also saw large trading volume increases
- Bitcoin price holding above $52,200 as US trading day ends
- Strong institutional bitcoin ETF inflows indicates "risk-on" sentiment, while gold ETFs see outflows