Bitcoin is very close to breaking the record of the day in the first ETF transactions!
ProShares has made a first in history and started the first ETF transactions for Bitcoin. It went down in history as America's first ETF. It was the first day of firsts in Bitcoin. At the same time, ProShares became the first company to launch futures trading. ProShares, who has been applying to the SEC for many years, finally got the result he wanted.
The ETF started trading after TSI 16. Bitcoin, which entered the New York stock exchange, reached a significant trading volume in a short time. More than $ 500 million has been processed before 2 hours. Thus, BTC got off to a strong start on the stock exchange where it entered for the first time.
BITO will become the owner of the highest opening day if it continues its trading volume in this form. The data shows that BITO will reach the highest opening transaction volume. He will also be able to show his record in spot trading this time on the New York Stock Exchange.
Bitcoin is ready to break a record on the first trading day
He started trading Bitcoin ETFs under the name BITO by ringing the opening bell at the New York Stock Exchange. After the opening bell, BTC surpassed half a billion dollars in transaction volume. The trading volume also allowed it to be among the top dec5 ETFs in the history of the stock market. But until the stock market closes, the idea that the record will come prevails.
In order for BITO to take the top spot, it needs to grow to over $1 billion. The Blackrock US Carbon Transition Readiness ETF, which entered the market in April, has the highest trading volume. At this time when we made the news, Bitcoin has exceeded $ 650 million in futures transactions.
ProShares Bitcoin ETF looks set to set a record. But not only BTC is going on ETF-based futures trading this month. Companies such as Cathie Wood's Ark Invest, Valkyrie Investments, and VanEck are applying for ETFs.