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.
An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL’s prices.
Earlier this week, Canadian crypto custody specialist Balance announced it had become a qualified custodian in the country.
In the past seven days, over 1 million ounces have gone into gold ETFs, the biggest inflow since October 2022.
Bitcoin ETFs have purchased around 48 days of the mined bitcoin supply in the past four trading days.
Order book liquidity refers to the market’s ability to absorb large buy and sell orders without influencing the spot price.
The company earlier this year listed its iShares Bitcoin Trust ETF in the South American country.
Federal Reserve chair Jerome Powell confirmed signs that the public agency is set to loosen monetary policy at the Jackson Hole symposium on Friday.
Rio de Janeiro, Brazil (Raphael Nogueira/Unsplash)
Some traders expect market movements nearer to Friday when Federal Reserve chair Jerome Powell is scheduled to speak at the Jackson Hole symposium.