IBIT Leads Bitcoin Market Surge
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BlackRock Bitcoin ETFCoinGape
•BlackRock Bitcoin ETF Triggers Major FOMO With New 6-Month High Milestone
62% Informative
On Tuesday , the BlackRock Bitcoin Bitcoin ETF registered a massive $3.3 billion in trading volumes, hitting its six-month high levels.
Bloomberg 's Eric Balchunas noted the unusual trading volume surge for IBIT attributing it to potential FOMO .
He anticipates this trend may lead to further inflows in the coming days amid the Bitcoin price rally.
Despite Bitcoin approaching its all-time high, retail FOMo hasn't yet kicked yet so far despite strong inflows.
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