The average trade size of BlackRock's iShares Bitcoin Fund , according to one source, is 326 shares, or around $13,000, suggesting that those trades were made by nonprofessional investors.exchange-traded funds since they were launched in January and sentiment around the cryptocurrency has simultaneously improved – a case where reality appears to have matched the hype.
According to his data, the iShares Bitcoin Trust – issued by the world's largest asset manager, BlackRock – is seeing an average of 250,000 trades in a day. The average trade size is 326 shares, or around $13,000, suggesting to Balchunas that those trades were made by nonprofessional investors. ETFs make it easier for individual investors to allocate money into bitcoin and without holding the actual asset themselves. ETFs can be traded through financial advisers or brokerage accounts, paving the way for non-crypto investors to easily put some of their savings into the cryptocurrency.
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