Bitcoin ETF Showdown: IBIT Leads, BITO Grows, BITX Thrills

In the wild west of Bitcoin (CRYPTO: BTC) ETFs, three heavyweights—iShares Bitcoin Trust ETF (NASDAQ:IBIT), ProShares Bitcoin ETF (NYSE:BITO), and Volatility Shares Trust 2x Bitcoin Strategy ETF (BATS:BITX)—are lighting up the trading boards with their trading volumes.
With millions of dollars in assets and staggering volume, here’s how they stack up in 2024.
iShares Bitcoin Trust ETF (IBIT): The Volume Titan
IBIT dominates the Bitcoin ETF arena with jaw-dropping assets under management of $52.7 billion. Averaging over 48.6 million trades daily, IBIT has become the go-to ETF for institutional and retail investors alike.
While its one-day drop of 0.24% on Monday left some frowning, its long-term metrics remain compelling. Trading within a 52-week range of $22.02 to $61.75, IBIT continues to show resilience. Its ultra-low expense ratio of 0.12% sweetens the deal for those eyeing cost-efficient exposure …Full story available on Benzinga.com

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