U.S. spot Bitcoin ETFs account for nearly 90% of the market share of daily trading volume among ETFs providing exposure to Bitcoin prices
Just two months after its launch, the US spot Bitcoin ETF has taken up nearly 90% of the market share of ETFs that provide exposure to Bitcoin prices. The Bitcoin futures ETF launched in 2021 currently only accounts for 10% of the market share. These numbers highlight investors' preference for directly investing in Bitcoin through ETFs rather than products based on Bitcoin futures contracts, according to The Block's Data Dashboard.
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