By Friday, the firm lowered its fee from 29 basis points to 19 basis points, making it the lowest post-waiver fee across all the spot bitcoin ETFs.
The first day of trading saw $2.3 billion worth of trading volume across all the products, Bloomberg senior ETF analyst Eric Balchunas posted on X. An additional preexisting $2.3 billion from Grayscale's GBTC fund, which converted into a spot bitcoin ETF on Wednesday, brought the 11 issuers' total to $4.6 billion.
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