GBTC Volume Increases 79% in June Amid TradFi ETF Applications

gbtc volume increases 79 in june amid tradfi etf applications

Compared with Grayscale’s ETHE trust, GBTC’s volume significantly outperformed in trading volume. Since September, GBTC’s trading volume rose from $35.6 million to $45 million in June 2023, capturing 74% of the total trading volume for trust products, compared to 50.9% in September. ETHE’s volumes declined from $31 million in September to $14.4 million in June 2023, and from 44.4% to 23.6% market share.

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