Quick Take

Eric Balchunas, a Senior ETF Analyst at Bloomberg, recently highlighted the initial trading activity of BITX (2x Bitcoin Futures ETF). Notably, within the first 15 minutes, it experienced trades amounting to half a million dollars.

Bitcoin, meanwhile, is trading at $30,600, marking a 1% increase for the day.

Our team at CryptoSlate is dedicated to providing you with the latest updates. We will be closely monitoring the progression of BITX throughout the day and continue to deliver timely and insightful analyses. Stay tuned for further information.

BITX: (Source: Eric Balchunas)

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