Crypto Investment Products Hit $17.5 Billion Trading Volume

Crypto Investment Products Recorded Record Trading Volume of $17.5 Billion Last WeekCrypto investment products from asset managers such as Bitwise, Grayscale and 21Shares saw record trading volume of $17.5 billion last week, when spot bitcoin exchange-traded funds finally began trading in the US. according to the latest CoinShares report."These trading volumes represented almost 90% of daily trading volumes on trusted exchanges last Friday, an unusually high figure as they typically range between 2% and 10% on average," the head of research wrote. from CoinShares, James Butterfill.These investment products also saw inflows worth $1.18 billion last week, subject to T+2 settlement, Butterfill added.T+2 settlement refers to a process in which the settlement of a securities transaction occurs two business days after the transaction is executed.However, inflows fell short of the record $1.5 billion set when futures-based ETFs launched in October 2021.

热点：Crypto CRYPTO HIT