Subnostr

📈 The US Bitcoin ETF market is becoming more competitive as top asset managers seek spot Bitcoin ETFs.

The launch of the BlackRock spot Bitcoin ETF has led to increased inflows into futures-based Bitcoin ETFs. The largest US ETF recorded a daily trading volume exceeding $500 million by the end of June, a milestone achieved only four times since its inception. Despite the rejection of over 30 spot ETF applications, a 2x leveraged ETF was recently approved.

#Bitcoin #ETF #CryptoNews