BlackRock’s Bitcoin ETF (IBIT) Hits Record $4.1 Billion in Daily Trading Volume

Quick Summary:

BlackRock’s Bitcoin ETF (IBIT) Hits Record $4.1 Billion in Daily Trading Volume BlackRock’s spot Bitcoin ETF, known as IBIT, has reached a new milestone, achieving $4.1 billion in daily trading volume, according to Watcher Guru on X.

This new trading high reflects strong market interest in Bitcoin and sets a positive tone for the future of digital asset ETFs.

For investors and industry watchers, IBIT’s record-breaking performance is a key indicator of where the crypto market is heading, showing that Bitcoin is well on its way to becoming a staple asset in diversified portfolios.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News BlackRock Bitcoin ETF Trading Volume

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 09:04:07 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 822 words

Reading Time: 5 minutes read

Sentences: 39 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23459356

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 16 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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