Data: The trading volume of the top 7 spot Bitcoin ETFs shrank at the beginning of July
According to Santiment data, the trading volume of the top 7 Bitcoin ETFs (GBTC, IBIT, FBTC, ARKB, BTCO, BITB, HODL) indeed shrank in early July. Traders' hesitation is usually a sign of surrender. If you are bullish on cryptocurrency, you should be happy about this. The trading volume is expected to jump tomorrow to make up for the US stock market's Independence Day holiday.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Further and 3iQ jointly launch a market-neutral multi-strategy hedge fund for digital assets
A certain whale spent 10 million DAI to purchase 3,297 ETH, increasing their holdings by 657 ETH.