Compared with Grayscale’s ETHE trust, GBTC’s volume significantly outperformed in trading volume. Since September, GBTC’s trading volume rose from $35.6 million to $45 million in June 2023, capturing 74% of the total trading volume for trust products, compared to 50.9% in September. ETHE’s volumes declined from $31 million in September to $14.4 million in June 2023, and from 44.4% to 23.6% market share.
Source: https://www.coindesk.com/markets/2023/06/28/gbtc-volume-increases-79-in-june-amid-tradfi-etf-applications/?utm_medium=referral&utm_source=rss&utm_campaign=headlines