Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts Record Volume
BlackRock’s iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.
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BlackRock’s iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.
BTC fell amid a transfer of $2.2 billion worth of the asset by defunct exchange Mt.Gox from its storage to new wallets.
Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.
Emory University disclosed ownership of more than $15 million worth of shares of the Grayscale Bitcoin Mini Trust.
The holdings of the U.S. spot bitcoin exchange-traded funds are about to cross over one million tokens after only ten months of trading.
The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%
The decision follows Nasdaq recently also getting permission for options on spot bitcoin ETFs.
A fake SEC tweet briefly roiled the bitcoin market in January. (Nikhilesh De/CoinDesk)
Technical indicators point to a price surge, and Polymarket bettors have their money on BTC passing $70K this month.
Crypto was the leading asset class among millennial ETF investors, topping even stocks and bonds, the survey showed.