Bitcoin Spot ETF Opens with 700,000 Trades on First Day, Analysts Warn: Don't Get Too Excited Yet!

After the first day of trading following the approval of the Bitcoin spot ETF, a total of approximately 700,000 transactions occurred among the 11 listed Bitcoin spot ETFs, according to data shared by Bloomberg analyst Eric Balchunas. This figure is twice that of the Nasdaq 100 Index ETF (QQQ).

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