Bitcoin-related assets daily trading volume exceeds $70 billion
On November 22nd, according to data shared by Bloomberg ETF analyst Eric Balchunas, the trading volume of the Bitcoin-related asset ecosystem reached a new high today, expected to reach $70 billion, of which $50 billion was contributed by MicroStrategy ($MSTR) and its related 2x leverage products, which have all refreshed trading records. At the same time, $IBIT's daily trading volume reached $5 billion, the second-highest historical record, and $MSTZ (inverse 2x leverage MSTR product) also broke through the $1 billion mark for the first time. $MSTZ's trading volume today reached $1.2 billion, with a daily turnover rate soaring by 3500%, setting a new record.
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