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Here Come New All-Time Highs: Spot Bitcoin ETFs Are Now Attracting More Trades Than the SPY or the QQQ

NewsTech

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Reading time: 1 min.

Bitcoin Spot Bitcoin ETFs

Bitcoin (BTC) is just around 10 percent shy of its all-time high of around $69,000. Yet, the world's pre-eminent cryptocurrency continues to set new price records in non-dollar currencies, with Britain's Pound Sterling set to become the next fiat domino to fall. As an illustration of the animal spirits that this paradigm is unleashing, consider the fact that the spot Bitcoin ETFs are now collectively attracting more individual trades than the SPY, which is the primary ETF to trade the S&P 500 index, and the QQQ, the go-to ETF to trade the Nasdaq 100 index. Part of the reason #Bitcoin […]

Read full article at https://wccftech.com/here-come-new-all-time-highs-spot-bitcoin-etfs-are-now-attracting-more-trades-than-the-spy-or-the-qqq/

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