Share of Bitcoin volume during US market hours surges to new record

The calculate their each weekday at the close of US stock exchanges, which Kaiko said boosts and arbitrage trading. Thursday was the day of the week with the highest share of trading during these hours, with close to 15% of the cumulative daily volume, Kaiko found.

The ETFs have attracted almost $13 billion in net inflows since they launched four months ago, making them one of the most-successful product category debuts in the history of the industry.

The demand has slowed recently, with only a net $925 million flowing into the funds so far in May, according to data compiled by .

Source: Forex-Markets-Economic Times