BlackRock's iShares Bitcoin Trust (IBIT) saw remarkable trading activity following Donald Trump's presidential win. On November 6, IBIT recorded an unprecedented $4.1 billion in trading volume.
The ETF outperformed prominent stocks such as Berkshire Hathaway and Netflix in trading activity. This surge in trading volume led to a 10% increase in the price of IBIT.
In conjunction with this event, Bitcoin itself reached a new all-time high, reflecting the broader market interest and confidence following the political development.
Source : coinpedia.org ↗