Bloomberg Analyst: BlackRock’s Bitcoin ETF Volume Hits $2 Million
ETF analyst Eric Balchunas from Bloomberg stated on X platform that BlackRock's Bitcoin ETF (IBIT) has traded stocks worth $2 million. For a regular ETF, this is already a good first full-day trading volume, let alone during the market trading period at 6 am. However, this trading volume is likely to be carefully planned by BlackRock as it slowly injects funds. Nevertheless, this is a good early indication of an important day.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— Enjoy up to 10% APR and trade to unlock an additional pool of 50,000 USDT
Bitget Spot Margin Announcement on Suspension of SANTOS/USDT, MYRO/USDT, DUSK/USDT, PHB/USDT, ALPINE/USDT Margin Trading Services
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account
Trending news
MoreCrypto prices
More
