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Euphoria over Bitcoin ETF as trading volume surges past $4B on just the first day

US-listed Bitcoin exchange-traded funds saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the US securities regulator on Wednesday.

US bitcoin ETF trades soar to US$4 6 billion on first day

US Bitcoin ETFs see $4 6 billion in volume in first day of trading

The products mark a watershed moment for the cryptocurrency industry that will test whether digital assets - still viewed by many professionals as risky - can gain broader acceptance as an investment.

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