Bitcoin ETF

Bitcoin

<ul class="wp-block-list">
 <li>BlackRock’s Bitcoin ETF saw record trades after Trump’s victory fueled shareholder excitement.</li>  
 <li>Bitcoin reached new highs, pushing demand in BlackRock’s crypto fund.</li>  
 <li>Trump’s policies are raising hopes for supportive crypto regulations in the U.S.</li> 
</ul>  
<p>BlackRock’s iShares BTC Trust&nbsp; set a new record with $4.1 B in trading volume following Donald Trump’s presidential triumph. This marked the fund’s busiest day since its launch in January. IBIT’s trading surged past $1 billion within just 20 minutes of opening, a pace usually spread over a full trading day.</p>  
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<p>The election result drove Bitcoin to a new high of $76,500 on November 6, as investors showed fresh interest. TradingView data showed Bitcoin retraced slightly to $75,267 by publication time. Trump’s campaign pledges for a national Bitcoin reserve and supportive crypto regulations may have sparked this momentum.</p>  
<h2 class="wp-block-heading" id="h-increased-bitcoin-etf-volume-and-market-activity"><strong>Increased Bitcoin ETF Volume and Market Activity</strong></h2>  
<p>Besides IBIT, other Bitcoin exchange-traded funds&nbsp; also saw major jumps in trading volume. Bloomberg analyst Eric Balchunas noted several Bitcoin ETFs hit twice their usual trading levels, while IBIT’s volume surpassed high-profile stocks like Berkshire Hathaway, Netflix, and Visa. These surging volumes highlight institutional interest in Bitcoin ETFs and mark a major shift for digital assets in traditional markets.</p>  
<p>Moreover, Balchunas explained that IBIT’s high volume reflects a balanced market with both buying and selling, adding to liquidity. In ETFs, higher trading volumes do not always mean large inflows but instead show balanced activity in the fund.</p>  
<h2 class="wp-block-heading" id="h-potential-for-new-crypto-policies-under-trump"><strong>Potential for New Crypto Policies Under Trump</strong></h2>  
<p>Trump’s election has raised speculation about favorable crypto policies. Some investors expect his administration will push for rules that support digital assets. Trump’s campaign pledges to help Bitcoin miners and create a national Bitcoin reserve have already fueled optimism in the market.</p>  
<p>Bitwise Chief Investment Officer Matt Hougan suggested that Trump’s win could lead to a friendlier climate for digital assets. Many in the crypto space anticipate changes in SEC leadership, which could ease regulatory challenges for Bitcoin products and attract institutional interest.</p>  
<h2 class="wp-block-heading" id="h-ibit-s-position-in-the-expanding-bitcoin-etf-market"><strong>IBIT’s Position in the Expanding Bitcoin ETF Market</strong></h2>  
<p>Since launching in January, <a href="https://cryptonewsland.com/see-bitcoin-mining-in-action-argentinas-central-bank-hosts-unique-art-exhibit/" target="_blank" rel="noopener noreferrer nofollow">IBIT </a>has grown quickly, now holding around 429,185 BTC worth about $30 billion. With competitive fees, IBIT attracts institutions looking for streamlined Bitcoin exposure. BlackRock’s fund has established itself as a key player in the Bitcoin ETF sector, reflecting strong demand and investor confidence in digital assets.</p>  
<p>Will Trump’s policies create more opportunities for digital assets to flourish? For now, BlackRock’s IBIT remains a primary focus for institutions amid growing Bitcoin interest.</p> 
<p>The post <a href="https://cryptonewsland.com/blackrocks-bitcoin-etf-hits-record-4-1-billion-after-trumps-win/" rel="noopener noreferrer nofollow">BlackRock’s Bitcoin ETF Hits Record $4.1 Billion After Trump’s Win</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

BlackRock’s Bitcoin ETF Hits Record $4.1 Billion After Trump’s Win

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