Home / Business / The Swiss counterpart Bitcoin-ETF has updated the absolute maximum trade volumes

The Swiss counterpart Bitcoin-ETF has updated the absolute maximum trade volumes



The HODL ETP product traded on the stock exchange SIX Swiss Exchange has updated the absolute limits for the volume for two consecutive days – Thursday 6 December and Friday 7 December.

Note! HODL ETP is based on a basket of five crypto courses (Bitcoin, XRP, Ethereum, Bitcoin Cash ABC and Litecoin), weighted by market value.

It is noteworthy that record growth in trade volume coincided with the update of the annual minimum of Bitcoin and other crypto courses. On Thursday, 53,000 ETP shares were traded on the stock exchange, this figure amounted to almost 63,000 ETP shares on Friday.

Growth in trading volume can also be triggered by good investment flows and the owners of ETP shares are likely to tend to maintain their positions, not active trading.

Remember the launch of Hodl ETP took place in late November and the product became a leader in trade in SIX Swiss exchange in less than a week.

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