This week, the Spot Bitcoin ETF was approved, with 11 institutions including BlackRock and Fidelity. The fees range from 0.2% to 1.5%, with Grayscale managing the largest scale. The trading volume on the first day reached $4 billion, indicating strong interest from institutional investors, which is expected to drive the development of the Bitcoin market.
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This week, the Spot Bitcoin ETF was approved, with 11 institutions including BlackRock and Fidelity. The fees range from 0.2% to 1.5%, with Grayscale managing the largest scale. The trading volume on the first day reached $4 billion, indicating strong interest from institutional investors, which is expected to drive the development of the Bitcoin market.