Summary
- A Bloomberg ETF analyst reported that the daily trading volume of Bitcoin and Ethereum spot ETFs reached $11.5 billion, on par with Apple.
- The CEO of Novadius Wealth Management stated that yesterday's spot Ethereum ETF trading volume reached an all-time high.
- It was assessed that institutional investors are increasingly buying ETFs.
It has been claimed that the combined daily trading volume of spot Exchange-Traded Funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH) has reached a level comparable to that of Apple.
On the 15th (local time), Eric Balchunas, a Bloomberg ETF analyst, stated on X (formerly Twitter), "The total daily trading volume of spot Bitcoin and Ethereum ETFs yesterday was $11.5 billion," adding, "This is on par with Apple's stock trading volume."
Nate Geraci, CEO of Novadius Wealth Management, said, "Yesterday, the trading volume of spot Ethereum ETFs reached an all-time high," and assessed, "Institutional investors are increasingly buying ETFs."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Analysis] "XRP risks repeating the 2022 rout…most short-term investors in the red"](https://media.bloomingbit.io/PROD/news/845f37bb-29b4-4bc5-9e10-8cafe305a92f.webp?w=250)
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