There were 11 different bitcoin ETFs were approved by the SEC:
In their debut dance on the market, they racked up a cool $2.2 billion in trading.
Who ended with the most trading volume after the first day?
Grayscale dominated the scene , bringing a whopping $27 billion in assets from its pre-ETF days. This massive head start gave them a clear advantage.
The iShares fund lived up to expectations , claiming the top spot for new ETFs t in trading volume.
Fidelity surprised everyone , putting up a strong showing and solidifying their position in the market.
Smaller issuers battled for what remained , but ARK and Bitwise managed to shine , each surpassing the $100 million mark.