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Bitcoin-related asset daily trading volume exceeds $70 billion

On November 22nd, according to data shared by Bloomberg ETF analyst Eric Balchunas, the trading volume of the Bitcoin-related asset ecosystem hit a new high today and is expected to reach 70 billion US dollars, of which 50 billion US dollars was contributed by MicroStrategy ($MSTR) and its related 2x leverage products, which have set new trading records. At the same time, the single-day trading volume of $IBIT reached 5 billion US dollars, setting a record for the second time, and $MSTZ (reverse 2x leverage MSTR product) also broke the 1 billion US dollar mark for the first time. $MSTZ trading volume reached 1.20 billion US dollars today, and the daily turnover rate soared 3500%, setting a new record.