“While this recovery is encouraging, ETF activity is slowing down, with daily trading turnover now at US$5.4bn, down 36% relative to its peak 3 weeks ago, although this remains well above the US$347m 2023 average, implying the initial market hype is cooling,” CoinShares said.
Related posts
-
Latam Insights: El Salvador’s IMF Bitcoin-Braking Deal and Argentina’s Cyberspace Crypto Patrol
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin... -
Binance Founder CZ Warns: Receiving Crypto This Way Could Instantly Empty Your Wallet
Crypto owners risk losing everything by accepting assets via... -
‘$600M Would Buy a Lot of Bitcoin’: Microstrategy Boss Steers Bezos Wedding Drama Toward Crypto
Michael Saylor, co-founder and executive chairman of Microstrategy, brought bitcoin into the spotlight during an online...