Bitcoin ETF volume reached $5b as Bitcoin price dropped $91k

CoinMarketCap11-27

Since the day of its release, January 2024, Bitcoin ETF has seen a massive inflow from institutional investors, allowing it to diversify assets without owning Bitcoin on the crypto market. Bitcoin ...

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the volume was led by dominant key players in the industry, including BlackRock, Fidelity and Grayscale.Fidelity Wise Origin Bitcoin Fund , following the success of trading volume in the past day of $620 million and $79 per share. Fidelity’s AUM reached $18 billion and market cap $17 billion.Read more:  Bitcoin ETFs Record $438m in Outflows as BTC Dips Below $93k. Bitcoin’s  price in the cryptocurrency market has seen a different faith, drowning to $91k or a decrease of 1.23% in the past days of trading. Although Bitcoin volume trading also rose about 12% to $91 billion, the coin’s market capitalization saw a slight decrease to $1.8 trillion, marking the dominance to 57%.","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"HODL":"VanEck Bitcoin Trust ETF","BRRR":"Valkyrie Bitcoin Fund","BK4594":"比特币ETF概念","BK4550":"红杉资本持仓","GBTC":"Grayscale Bitcoin Trust","BITO":"ProShares Bitcoin ETF","EZBC":"Franklin Bitcoin ETF","BITB":"Bitwise Bitcoin ETF","BK4601":"加密货币现货ETF","FDN":"First Trust Dow Jones Internet I","FBTC":"Fidelity Wise Origin Bitcoin Fund","BTCO":"Invesco Galaxy Bitcoin ETF","BK4585":"ETF&股票定投概念","DEFI":"Hashdex Bitcoin ETF","BTC":"Grayscale Bitcoin Mini Trust","BTCW":"WisdomTree Bitcoin Fund","BK4588":"碎股"},"translate_title":"比特币价格下跌91,000美元，比特币ETF成交量达到50亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HODL":1,"GBTC":1,"FDN":1,"FBTC":1,"EZBC":1,"DEFI":1,"BTCW":1,"BTCO":1,"BITB":1,"BTC":1,"BRRR":1,"BITO":1},"content_text":"Since the day of its release, January 2024, Bitcoin ETF has seen a massive inflow from institutional investors, allowing it to diversify assets without owning Bitcoin on the crypto market.\nBitcoin spot exchange-traded fund (ETF) recorded volume trading of $5 billion on Nov. 26; the volume was led by dominant key players in the industry, including BlackRock, Fidelity and Grayscale.\nAccording to Coinglass data, BlackRock’s iShares Bitcoin Trust (IBIT) record $3.46 billion volume trading in the past 24 hours. At the time of writing, IBIT is the highest among its competitors, with asset under management (AUM) and market capitalizations of $47 billion and $44 billion, respectively.\nFidelity Wise Origin Bitcoin Fund (FBTC), following the success of trading volume in the past day of $620 million and $79 per share. Fidelity’s AUM reached $18 billion and market cap $17 billion.\nThe third largest Bitcoin ETF issuer, Grayscale Bitcoin Trust ETF (GBTC), accounts for almost $400 million of trading volume. As the oldest issuer, GBTC has the highest expense ratio of 1.5% per share and accommodates the needs of investors with a lower ratio in Bitcoin Mini Trust (BTC), trading at $70 million.\nRead more:  Bitcoin ETFs Record $438m in Outflows as BTC Dips Below $93k \nBitcoin ETF rise, BTC price dropped\nBitcoin’s (BTC) price in the cryptocurrency market has seen a different faith, drowning to $91k or a decrease of 1.23% in the past days of trading. Although Bitcoin volume trading also rose about 12% to $91 billion, the coin’s market capitalization saw a slight decrease to $1.8 trillion, marking the dominance to 57%.\nThe crypto market also faces the same amount of liquidations as the previous day, which reached $465 million. Bitcoin and small market cap coins lead the market liquidations with $112 million and $81 million.\nYou might also like:  Grayscale-Bitwise will begin trading Bitcoin ETF options today","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486661128"}