Summary
TLDR: The spot bitcoin ETF group has a turnover ratio of 5.3%, with Valkyrie and Grayscale having the lowest rates and Ark 21 at the highest. WisdomTree’s BTCW had a turnover ratio of 205% during a five-day period despite being the smallest ETF in terms of AUM.
Key Points
1. The spot bitcoin ETF group has seen a turnover ratio of 5.3%, with Valkyrie and Grayscale’s GBTC having the lowest rates at 2.2% and 2.4% respectively.
2. Ark 21 (ARKB) has the highest turnover ratio at 11.3%, while WisdomTree’s (BTCW) experienced a turnover ratio of 205% during one five-day period despite being the smallest spot ETF with just $30 million in AUM.
3. These turnover ratios provide insight into the trading activity and liquidity of different spot bitcoin ETFs in the market.