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On Jan. 16, the total volume generated by 10 spot Bitcoin ETFs surpassed the cumulative volume of all 500 ETFs launched in 2023, exceeding it by more than three times. As per data from Yahoo Finance, the 10 newly approved spot Bitcoin ETFs collectively amassed a trading volume of just above $1.8 billion on Jan. 16, with Grayscale, BlackRock, and Fidelity’s offerings leading the way contributing $1.6 billion to the overall total. This volume significantly surpass ed the combined $450 million trading volume of all 500 ETFs launched in the United States during 2023, as reported by Bloomberg ETF analyst Eric Balchunas. Let me put into context how insane $10b in volume is in first 3 days. There were 500 ETFs launched in 2023. Today, they did a COMBINDED $450m in volume. The best one did $45m. And many have had months to get going. $IBIT alone is seeing more activity than the entire '23 Freshman… https://t.co/wV1zQFtPW1 — Eric Balchunas (@EricBalchunas) January 16, 20...

Empowered Funds’ Bitcoin Futures ETF The flagship of this trio, the Ark 21Shares Active Bitcoin Futures ETF , will predominantly allocate its resources to Bitcoin futures trading on the Chicago Mercantile Exchange. This ETF will also function as the foundational ETF for the other two Bitcoin-related funds. advertisement The Ark 21Shares Active On-Chain Bitcoin Strategy ETF, a second in the series, is designed to allocate at least 25% of its assets to the Digital Asset and Blockchain Strategy ETF. This fund intends to utilize a proprietary trend indicator model to adjust its asset distribution strategy in response to the prevailing bullish or bearish conditions in the Bitcoin market. During bullish periods, the ETF has the flexibility to invest the entirety of its assets in the underlying ETF. In the case of bearish market conditions, the fund will allocate up to 75% of its assets into US Treasury securities, money market instruments, and repurchase agreemen...