BlackRock BTC ETF Records Record Inflows as 'Trump Trade' Emerges in Markets
Bitget News - BlackRock's bitcoin fund recorded an unprecedented net inflow of funds as speculation surrounding the U.S. election sparked demand for bitcoin. About $872 million flowed into the iShares Bitcoin Trust exchange-traded fund on Wednesday, a one-day high, data showed. The inflows into the world's largest bitcoin fund at $31 billion indicate that Trump trades are flooding the market as we count down to Election Day on Nov. 5th.
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.
You may also like
Cathie Wood: The crypto market may have bottomed out, Bitcoin remains the top choice for institutions
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC accumulation
Analyst: Bitcoin’s key support level is at $86,000; a breach could trigger a deeper correction
Aevo confirms that the old Ribbon DOV vaults were attacked and lost $2.7 million, and will compensate active users.
Trending news
MoreCrypto prices
More
