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    Asad Shaikh in Crypto News

    29 Feb 01:00 PM


    Here’s what happened in crypto today

    Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
    Spot Bitcoin ETFs had a massive day with record trading volume and net inflows. Meanwhile, Bitcoin’s price ripped to $64,000, with a traffic surge causing several Coinbase users to report that their account balances were zero.

    Spot Bitcoin ETF volumes shatter record with massive $7.7B traded United States spot Bitcoin exchange-traded funds (ETFs) have set a new record for daily volume traded — beating the previous tally by over one and a half times.

    The ten ETFs saw $7.69 billion in volume on Feb. 28, per data posted to X by Bloomberg ETF analyst James Seyffart.

    BlackRock’s iShares Bitcoin ETF (IBIT) took up 43.5% of the total — seeing $3.35 billion in trading volume and doubling its previous daily record.

    Source - Coin Telegraph
    #Bitcoin Price
    #Cryptocurrency Exchange