BITO traded $40 billion in July, double IBIT’s $20 billion, according to Bloomberg Intelligence’s Eric Balchunas. The futures bitcoin ETF is now the sixth most-

BITO traded $40 billion in July, double IBIT’s $20 billion, according to Bloomberg Intelligence’s Eric Balchunas. The futures bitcoin ETF is now the sixth most-traded ETF, an unusual reversal that may signal arbitrage beyond standard basis trades.