VanEck’s Bitcoin ETF Volume Surges 1000% Before Fee Cut

VanEck’s Spot Bitcoin ETF Sees Massive Spike in Trading Volume

In a surprising turn of events, VanEck’s spot bitcoin ETF experienced a significant surge in trading volume, less than a week after the investment manager announced a fee reduction. As of 1:50 p.m. ET on Tuesday, the ETF had surpassed $300 million in trading volume, a remarkable feat considering it had previously achieved a daily high of $25.5 million since its launch on January 11.