
The eagerly awaited approval of spot Bitcoin exchange-traded funds (ETFs) in the U.S. has elicited mixed reactions within the cryptocurrency sector since its launch did not significantly elevate the crypto asset's price. Experts in the ETF sector regard the launch as a success, highlighting the notable trading volume of around $10 billion achieved in just over three days.
The newly approved spot Bitcoin ETFs marked a significant milestone by registering a trading volume exceeding $9.7 billion – precisely $9.771.8 billion – in just the initial three days following their launch.