BlackRock Bitcoin ETF Trumps Berkshire, VISA Stocks In Trading Volumes

Quick Summary:

Following Donald Trump’s victory as the next President of the United States, spot Bitcoin ETFs had a field day reversing its outflow trajectory over the past few days.

Despite the strong trading volumes, BlackRock’s IBIT saw total outflows at $68 million, as per data from Farside Investors.

On the other hand, the shares of BlackRock Bitcoin ETF (IBIT) surged by 10% yesterday, while marking its second-best performance since launch.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: IndiaUnited States

Topics: Berkshire Hathaway IBIT share price Visa Blackrock Bitcoin ETF 24/7 Cryptocurrency News IBIT

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 05:10:33 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 489 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23457185

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About CoinGape

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