Analyst: The proportion of GBTC in the daily trading volume of spot Bitcoin ETF has dropped to about 30%

Rebecca Stevens, a research analyst at The Block, posted on the X platform that data shows that since the launch of the spot Bitcoin ETF, GBTC has gradually lost its dominance in trading volume. Initially, GBTC accounted for more than half of the ETF's daily trading volume, but now accounts for only about 30%, having been overtaken by IBIT last week. Previous news, according to data from Bloomberg Intelligence, as of the close of U.S. stocks on February 1, the daily trading volume of BlackRock Spot Bitcoin ETF (IBIT) exceeded GBTC for the first time. IBIT was slightly more than 300 million U.S. dollars, and GBTC was about 290 million U.S. dollars. .