PANews reported on January 12 that Bloomberg ETF analyst Eric Balchunas said on the X platform that today (the first trading day of Bitcoin spot ETFs) there were a total of 700,000 individual transactions in and out of 11 spot ETFs. That's double the number of trades QQQ (an ETF that primarily tracks the Nasdaq 100 index) does (although it sees greater dollar volume because bigger fish use it), so grassroots action (vs. large seed buys ) much more than expected.





