Bitcoin spot ETF, Coinbase, MicroStrategy daily trading volume totals $38 billion, setting a new record

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ODAILY
11-12
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Odaily Planet Daily Report, November 11, Bitcoin rose 11% to $89,500, driving the trading volume of the US spot coin ETF, MicroStrategy Inc (MSTR) and Coinbase Global Inc (COIN) to a record-breaking $38 billion in total. According to data cited by Bloomberg ETF analyst Eric Balchunas, this far exceeds the previous high of about $25 million set in March. Balchunas said, "All kinds of data are hitting new highs." He pointed out that the trading volume of BlackRock's IBIT alone reached a record $4.5 billion, "indicating strong inflows this week. It's been a crazy day."(Cointelegraph)

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