In a news story we shared with you yesterday, we talked about the movements in the cryptocurrency markets. namedThe price of Bitcoin (BTC) has reached a new level It’s close to a record We have switched. This expectation came true within hours and BTC reached the $69,170 level. rose. Naturally, this increase is in its first phase it was not permanent. BTC, which staged a sharp correction after its sharp rise, fell to $59,300. BTC, as of the time this article was written 66,469 of dollars is traded.

While all this was happening, the eyes Bitcoin ETFIt was in the ‘s. Because not so long ago the US Allowed ETFs allowed investors to invest in Bitcoin indirectly. Here’s the news from this front, on March 5 record volume levels were reached it reveals.

A transaction volume of 10 billion dollars was reached!

*Table showing trading volume of Bitcoin ETFs since the day they were approved.

Looking at the data shared on Bitcoin ETFs on March 5 10 billion dollars We see that the transaction volume is increasing. The Bitcoin ETF, called “IBIT” by the BlackRock company, was the most preferred investment fund. Money returns only via IBIT, $3.8 billion It was recorded as.

The continued activity in the cryptocurrency markets is also impacting the Bitcoin ETF side. to great volatility It looks like it will continue to take the lead. However, it is worth noting that this does not mean that there will always be an increase. BTC can rise and make hard corrections within hours like yesterday. In this case, not just BTC and altcoins hard movements livable.

*This content should not be considered investment advice.