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BlackRock’s Bitcoin ETF Hits Record $4.1B Trading Day After Trump Win Coinpedia 2 weeks ago

BlackRock’s Bitcoin ETF Hits Record $4.1B Trading Day After Trump Win 📈

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 ↗

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