BlackRock's spot Bitcoin ETF (IBIT) has recorded a significant recovery, achieving over $1 billion in trading volume during the first two hours today.
This performance reflects a strong rebound following previous outflows.
Despite market volatility, Bitcoin ETFs remain ahead of Ethereum-based products, and regulatory developments in the US have facilitated increased enthusiasm.
Analysts expect Bitcoin to continue dominating the ETF space, especially with institutional support driving its potential to new heights.
Additionally, CEO Larry Fink predicts that as Bitcoin's value rises, its influence will expand across the market.
Дереккөз: beincrypto.com ↗