Bitcoin Spot ETF Sees $500 Million Trading Volume Surge Within First 20 Minutes of Market Opening

Bloomberg analyst Eric Balchunas said that the Bitcoin spot ETF saw a massive trading volume of $500 million within the first 20 minutes of trading. In the initial days, almost all of the trading volume is expected to turn into inflows.

After 30 minutes of trading, the ETF has already surpassed $1.2 billion:

ETF

Further reading
Wood: Bitcoin spot ETF approval will lead to a price of over $1.5 million by 2030
Bitcoin ETFs and ETPs | Circle: If the US approves the ETF, it will surpass a lot of Bitcoin investment products in the EU.