menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Institutio...
source image

Zycrypto

2w

read

69

img
dot

Image Credit: Zycrypto

Institutional ‘FOMO Confirmed’, Pundit Asserts As BlackRock’s IBIT Posts Highest Trading Volume In Over Six Months

  • The iShares Bitcoin Trust (IBIT) recorded a record $3.36 billion daily trading volume, driven by panic buying of Bitcoin.
  • U.S.-based spot BTC ETFs saw total daily net inflows of $870 million on Oct. 29, with BlackRock's Bitcoin ETF leading with $642.87 million in net inflows.
  • The total trading volume of all spot BTC ETFs reached $4.75 billion on Tuesday, up from $3 billion on Monday.
  • Bitcoin ETFs are poised to overtake Satoshi Nakamoto's estimated 1.1 million BTC stockpile by mid-December.

Read Full Article

like

4 Likes

For uninterrupted reading, download the app