Following the charged-up debut of bitcoin exchange-traded funds (ETFs), interest in these types of funds seems to have faded a great deal.
) is exchanging hands for $26.96 on January 13, 2022, but that price is 39.12% lower than the 44.29 high on November 10, 2021.in mid-November that the “bitcoin futures ETF frenzy is fading.” “While the Proshares fund absorbed $1.1 billion in just two days — the quickest an ETF has ever done so — that pace of growth has cooled considerably,” Greifeld said at the time.
There’s definitely a lull going on right now relative to the launch mania and so Vaneck has their work cut out for them in trying to get people excited again.
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