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BlackRock's IBIT trading volume exceeded $2 million on the first day

BlackRock's IBIT trading volume exceeded $2 million on the first day

2024/01/11 12:36

Bloomberg ETF analyst Eric Balchunas wrote on X platform that the trading volume of the BlackRock Bitcoin Spot ETF - IBIT has exceeded 2 million US dollars on its first day, which is already great compared to regular ETFs. Moreover, it is only a little after 6 in the morning now, so this trading volume may be deliberately created by BlackRock to slowly inject their prepared funds into it.

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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.

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