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Blackrock's Bitcoin ETF Sees Sixth Consecutive Day of $1 Billion Trading Volume

Blackrock's Bitcoin ETF Sees Sixth Consecutive Day of $1 Billion Trading Volume

CointimeCointime2024/03/05 00:40
By:Cointime

Blackrock's spot Bitcoin ETF has seen trading volume reach $1 billion for the sixth consecutive trading session, making it one of the top 5 ETFs in the market. The surge in Bitcoin ETF performance has also led to a surge in Bitcoin prices, which have crossed the $65,000 mark. Bitwise CIO has expressed his opinion on the current success of Bitcoin ETFs, stating that the demand for these ETFs has far exceeded anyone's expectations and that they are the most successful ETF launches ever. A CoinShares report notes a remarkable $1.84 billion inflow into digital asset investment products, with Bitcoin leading the way with $1.73 billion, or 94% of the total.

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