Grayscale, Invesco/Galaxy Lead as Bitcoin ETFs Debut; BlackRock’s Fund Is in 6th Place

January 11, 2024
The Last Cryptocurency
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Bitcoin ETFs have been eagerly anticipated for years. They finally got approved in the U.S. on Wednesday and began trading Thursday. As of 10 a.m. ET (15:00 UTC) on Thursday, here is a ranking of the 11 funds by first-day trading volume.

ETF	First-day trading volume (in U.S. dollars)
Grayscale Bitcoin Trust (GBTC)	$532 million
Invesco Galaxy Bitcoin ETF (BTCO)	$531 million
Fidelity Wise Origin Bitcoin Trust (FBTC)	$481 million
Hashdex Bitcoin ETF (DEFI)	$452 million
WisdomTree Bitcoin Fund (BTCW)	$447 million
BlackRock’s iShares Bitcoin Trust (IBIT)	$361 million
ARK 21Shares Bitcoin ETF (ARKB)	$272 million
Bitwise Bitcoin ETF (BITB)	$175 million
Valkyrie Bitcoin Fund (BRRR)	$170 million
Franklin Bitcoin ETF (EZBC)	$154 million
VanEck Bitcoin Trust (HODL)	$58 million

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