On Feb. 29, PANews reported that Bloomberg analyst Eric Balchunas tweeted data showing on Wednesday that the daily trading volume of nine Bitcoin Spot ETFs other than GBTC was about $6 billion, double the record set on Monday. BlackRock IBIT transactions reached $3.3 billion and Fidelity FBTC traded $1.4 billion, both breaking previous records. At the same time, the number of transactions doubled to more than 500,000.

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