Spot Volume Day 1 vs Day 2 (Patreon)
Content
Day 2 what is largely different to day one. First of all 28% class volume. Second of all nearly 60% of the volume was grayscale. Third fidelity caught up and forth the total amount of bitcoin volume is very interesting for day two 72,413 BTC
The top 3 players make up over 90% of volume.
Total Volume ranked Day 2
GBTC runs nearly 60% of Vol as folks run for the hill redeeming to move to other ETFs. Again the 1.5% FEE IS DUMB! And it is messing up ETF launch week. ARB is on fire.
Biggest Delta Swings in Price
Massive, nearly 7% swing in price on IBIT over yesterday, whereas GBTC is tightest.
Biggest Delta Swings in Volume - Hashdex, Valkyrie and FranklinT dropped off the map entirely.