BlackRock IBIT Breaks Volume Records Amid Trump’s Win

Quick Summary:

The victory of Donald Trump in the U.S.presidential election race has impacted the broader financial markets.

Particularly, the cryptocurrency market and the related investment products.  With Bitcoin (BTC) surging past $76K, the US spot Bitcoin ETFs have witnessed an escalation in trading volumes and inflows.

Eric Balchunas, Bloomberg ETF analyst, reported the enormous volume of IBIT.

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Article Details

Author / Journalist: Sarayu Krishna

Category: Crypto

Markets: United Arab Emirates

Topics: Bitcoin BlackRock Editors News Bitcoin ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 11:22:16 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 309 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 23462419

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 18 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

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News Language: English

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Publisher ID: #125

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