According to BitcoinWorld, BlackRock’s spot Bitcoin ETF, IBIT, recorded $3.7 billion in trading volume on December 2nd, surpassing Vanguard’s VOO with $3.2 billion. This marked a significant milestone for crypto ETFs and highlighted growing institutional interest in Bitcoin. The surge coincided with a 6% rise in Bitcoin’s price, drawing more investors to the ETF. Meanwhile, most Bitcoin mining stocks fell sharply on the same day, including IREN Limited, Cipher Mining, and TeraWulf.
BlackRock's IBIT Surpasses VOO in Trading Volume, Hits $3.7B
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