Today, a total of 700,000 transactions were made buying and selling spot Bitcoin ETFs, which is twice that of QQQ

Data compiled by Bloomberg analyst Eric Balchunas shows that today there were a total of 700,000 individual trades buying and selling spot Bitcoin ETFs, twice as many as the Invesco QQQ Trust (code: QQQ), which has a larger trading volume because it is more popular with large institutions. The analyst commented, "Grassroots action (as opposed to big money purchases) is much more than I expected, which is a very good sign."