Bitcoin rebounds but ETF volumes paint a murky picture ...Middle East

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Bitcoin rebounds but ETF volumes paint a murky picture
Here are the trading volumes on IBIT, which is Blackrock's bitcoin ETF and is destined to be the winner of the low-cost spot race:Day 1 - 38m sharesDay 2 - 23m sharesDay 3 - 13.65m shares with 35 mins of trading to goThe moderate volatility in bitcoin today might be some of that but bitcoin is up 1.3% today after a poor start, so that should have pulled in some dip buyers.We will have to wait to see the Day 3 inflows but based on the volumes, it's not looking good. It's a similar story with the other 9 new bitcoin ETFs with volumes all below half of Day 1 and some of them already looking dead-on-arrival, particularly WisdomTree's offering with just 17k shares traded today. The ongoing questi

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