The election of Donald Trump as the President of the United States has significantly heightened interest in Bitcoin exchange-traded funds (ETFs). This political shift has seemingly influenced investor sentiment, driving attention to Bitcoin-related investment opportunities.
A prominent example of this surge in interest is BlackRock's iShares Bitcoin Trust (IBIT) ETF. This particular ETF recently made headlines by achieving a staggering $4.1 billion in daily trading volume.
This remarkable trading activity even surpassed that of major stocks, including well-known companies like Visa and Berkshire Hathaway, highlighting the growing allure of Bitcoin ETFs among investors.