BlackRock's Bitcoin ETF Up 50% Since Launch: Indicators Point To Continued BTC Bull Run

Benzinga · Jun 6 02:58

TheiShares Bitcoin Trust(NASDAQ:IBIT), launched byBlackRockin January 2024, offers investors a convenient, cost-effective, and secure way to directly invest inBitcoin(CRYPTO: BTC) through the familiarity of an ETF.

Up 50% In 5 Months of Trading – IBIT Has Amassed $20B In AUM

The fund, trading under the ticker IBIT on the Nasdaq Stock Exchange, has quickly garnered significant attention in the ETF space. Its trading volume had surpassed $1 billion on its very first trading day, and the fund has amassed about $20 billion over the past five months.

The ETF is up over 50% since it began trading on Jan. 11. The...

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BlackRock's Bitcoin ETF Up 50% Since Launch: Indicators Point To Continued BTC Bull Run

Up 50% In 5 Months of Trading – IBIT Has Amassed $20B In AUM

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