After weeks of waiting, VanEck’s Bitcoin Strategy ETF (XBTF) finally began trading on the Chicago Board of Exchange and on its first day had a trading volume of $4.6 million paling significantly against other similar ETFs that began trading last month.
VanEck’s ETF has a slow start to life
Data from investing.com revealed that shares of XBTF had closed the day at around $59.73 and had been traded 44,698 times which was roughly $4.8 million and also saw around $10 million in assets under management (AUM).