BlackRock’s spot Bitcoin ETF sees over $1.8B volume in first two hours
Crypto Briefing
BlackRock's spot Bitcoin ETF, IBIT, achieved over $1.8 billion in trading volume within its first two hours.Summary
BlackRock’s iShares Bitcoin Trust (IBIT), a spot Bitcoin exchange-traded product, generated more than $1.8 billion in trading volume during its initial two hours of trading. This substantial volume indicates significant investor and institutional interest in cryptocurrency ETFs and Bitcoin investment vehicles. The IBIT allows investors to track Bitcoin's price performance without the need to directly hold the digital asset, positioning it as a key facilitator for institutional adoption through a traditional investment structure.
(Source：Crypto Briefing)