Analyst: BITA Posts $13 Million in Trading Volume Over First Two Days, Showing Solid Performance

CoinFeed, June 18 – Bloomberg ETF analyst Eric Balchunas stated on X that BlackRock’s iShares Bitcoin Premium Income ETF (ticker: BITA) recorded trading volumes of $6 million and $7 million on its first two days, respectively, showing solid performance and ranking in the top 1% of all ETF launches, though clearly far behind IBIT. Balchunas believes BITA will almost certainly attract significant assets, but it may take some time in the current market environment.