Bloomberg ETF Analyst: Due to the Trump effect, the US Bitcoin ETF absorbed $1.4 billion yesterday
On November 8th, Bloomberg ETF analyst Eric Balchunas posted on platform X that due to the Trump effect, the US Bitcoin ETF absorbed $1.4 billion yesterday, of which BlackRock's IBIT absorbed $1.1 billion. The US Bitcoin ETF absorbed $6.7 billion last month and has so far this year attracted $25.5 billion, currently approaching 93% of its goal to surpass Satoshi Nakamoto's target of 1.1 million Bitcoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto startup LI.FI completes $29 million funding round
Ark Invest increases holdings by 13,700 shares of spot Bitcoin ETF ARKB and over 120,000 shares of Robinhood