
IBIT ranks 5th in ETF trading volume, surpassing gold ETF GLD
- —IBIT ranked 5th in trading volume among ETFs
- —Gold ETF GLD placed only 9th
- —The shift in hierarchy indicates growing interest in Bitcoin ETFs
Why it matters: IBIT's trading volume surpassing the gold ETF signals capital flowing into Bitcoin products and their strengthening role in traditional portfolios.
Source: Coinfomania