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24 February 2021

North American Bitcoin ETF's First Trading Day Captures $165M in Volume – Finance Bitcoin News

North American Bitcoin ETF's First Trading Day Captures $165M in Volume – Finance Bitcoin News


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The North American Purpose Bitcoin ETF launch on Thursday saw massive demand, as more than $165 million in trade volume was recorded.

In fact, the exchange-traded fund listed on the Toronto Stock Exchange (TSX) saw it’s first $80 million swapped during the first hour of trading sessions.

Ballentine noted that during the first hour of trading, the Purpose Bitcoin ETF (ticker symbol BTCC) saw a whopping $80 million in trade volume.

Ballentine also highlighted that the Purpose Bitcoin ETF roared during its debut, and many analysts think crypto exchange-traded funds have untapped interest.

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