logo
welcome
Benzinga

Benzinga

Massive Day For BlackRock’s Bitcoin Trust As Trading Volume Reaches $4.1 billion – here’s how much you’d have if you invested

Benzinga
Summary
Nutrition label

59% Informative

On Nov. 6 , BlackRock's iShares Bitcoin Trust ( IBIT ) achieved an unprecedented trading milestone, with volume spiking to $4.1 billion in a single day its highest ever.

This surge, following Donald Trump's reelection as President of the United States , signals a potent wave of institutional and potentially retail interest in cryptocurrency ETFs.

Benzinga does not provide investment advice. All rights reserved..

VR Score

44

Informative language

37

Neutral language

11

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

13

https://www.benzinga.com/money/dogecoin-millionaires?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41869353https://www.benzinga.com/markets/cryptocurrency/24/09/40937953/larry-fink-defies-blackrocks-largest-shareholder-to-make-a-bold-bet-on-bitcoin-heres-how-h?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41869353https://www.benzinga.com/money/apex-trader-funding?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41869353https://www.benzinga.comhttps://www.benzinga.com/money/american-hartford-gold?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41869353https://www.benzinga.com/money/etoro-doge?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41869353https://www.benzinga.com/quote/AAPL?getReport=1https://www.benzinga.com/money/rad-ai?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41869353https://www.benzinga.com/24/11/41869353/massive-day-for-blackrocks-bitcoin-etf-as-trading-volume-reaches-unseen-levels-with-4-1-billion-tradedhttps://www.benzinga.com/markets/cryptocurrency/24/09/40971599/well-its-crypto-its-ai-its-some-of-the-other-things-says-donald-trump-unsure-of-what-his-n?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41869353https://www.benzinga.com/quote/TSLA?getReport=1https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9spja3yaad2&utm_source=yahoohttps://www.benzinga.com/money/binance-100?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site&nid=41869353

Source diversity

1

Affiliate links

no affiliate links