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BlackRock Bitcoin ETF Hits $1.2 Billion in Trading on Market Recovery Day

  • BlackRock's Bitcoin ETF (IBIT) recorded trading volume of over $1.2 billion in a few hours.
  • The broader cryptocurrency market recovered, with top assets like Bitcoin and Ethereum up over 4% in 24 hours.
  • News such as Donald Trump's improved poll position and China's new stimulus program may have contributed to the market's growth.
  • BlackRock's IBIT is considered as one of the most traded funds, consolidating its success in providing accessible exposure to Bitcoin.

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