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Bitcoin ETFs' Hot Start Seems Largely Driven by Retail Investors

Data shows that the average trade size for the biggest spot bitcoin ETF, BlackRock’s IBIT, hovers around $13,000, suggesting that a big chunk of its demand is coming from nonprofessional investors.

A user examines prices on a mobile phone while looking at a graph on a laptop
Data shows that the average trade size for the biggest spot bitcoin ETF suggests that demand is largely coming from retail investors. (Jason Briscoe/Unsplash)