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2024-11-08 15:44:25

Btcnews on Nostr: 💥BlackRock's iShares Bitcoin Trust (IBIT) set a new record by recording its ...


💥BlackRock's iShares Bitcoin Trust (IBIT) set a new record by recording its largest daily inflow since being listed in January.

☄️ It raised a total of $1.12 billion on Thursday, surpassing its previous record from October 30 of $872 million.

📈 The ETF, which emerged as a dominant force among its 10 other rivals, has a net asset value of $34.2 billion, bolstered by the higher value of Bitcoin.

💵 IBIT's new registration comes after a record trading volume of $4 billion on Wednesday, far surpassing its closest rival, Fidelity, after the victory of Donald Trump who secured a second term as the 47th president of the United States.
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