BlackRock's Bitcoin ETF has experienced a significant surge in trading volume, surpassing that of major corporations such as Berkshire Hathaway, Visa, and Netflix. This surge is attributed to a buying frenzy triggered by Donald Trump's recent election victory.
The increased interest in Bitcoin ETFs highlights the growing adoption and acceptance of cryptocurrency investments by both retail and institutional investors, who see value in diversifying portfolios with digital assets.
Trump's victory appears to have caused market participants to seek Bitcoin as a hedge against potential economic uncertainties and changes in fiscal policies that may follow his administration.
