BlackRock’s Bitcoin ETF IBIT hits $1.4 billion trading volume within 30 minutes

Nov 7, 2024 Nov 7, 2024

Bloomberg’s Eric Balchunas links the frenzy to rising Bitcoin prices and market interest.

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Trump’s win boosts investor enthusiasm, with IBIT seen as a leader in Bitcoin financial products.

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Balchunas cites volume spikes as signs of potential future inflows, reflecting past trends.

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Trading volume hit $2.5B by press time, cementing IBIT as a prominent Bitcoin ETF.

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