Bitcoin ETN Volumes Surge

bitcoin etn volumes nov 2020

Bitcoin stock traded volumes have seen a significant increase according to research by CryptoCompare, a crypto stats website. They say Grayscale’s Bitcoin Trust Product (GBTC) remains the biggest with a market cap of $9.1 billion for all its Exchange Traded Products (ETP). That’s an increase of 56% over last month, with the Over the Counter (OTC) traded product setting a record of $215 million in weekly inflows. Grayscale also has an Ethereum Trust product (ETHE) which has a market cap of $1.7 billion, a 40% increase over last month. 3iQ’s Bitcoin Fund product (QBTC) is one of the newest and more interesting one as this is a bitcoin Exchange Traded Fund (ETF). It’s the first in the world of its kind, with it launching just this summer on the Toronto Stock Exchange. It has already grabbed significant market share, being the biggest after Grayscale, with its market cap surpassing $105…

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