Blackrock’s Spot ETF, IBIT, reached a transaction volume of $ 4.2 billion today, while the price of Bitcoin increased over $ 91,000. While the interest of investors and corporate fund managers has increased, the fact that the transaction volume reached a record level seems to have a significant impact on market dynamics.
Bitcoin Etf HCAMİ
IBIT reached a volume of 81,098,938 and settled at the level of $ 52.08 at the end of the day. Important volumes were recorded in other ETF products. Fidelity’s FBTC ETF was 425.17 million, Grayscale’s GBTC product is 250.91 million, Ark Invest’s product 170 million, and the background managed by Bitwise had a volume of 120 million dollars.
The rise in the price of Bitcoin is evaluated depending on the increase in interest from corporate investors. Institutions are actively participating in the market with financial products such as Spot ETFs; This seems to have been effective in moving both transaction volumes and prices up.
Rise in market acceleration
Bitcoin’s price increased to $ 91,739, reaching one of the highest levels recorded since March. This situation is supported by the increase in institutional purchases while pointing to the re -purchase appetite in the market.
HODL15Capital: “Today’s transaction volume IBIT was 4.2 billion dollars and FBTC was 425 million.”
Will: “Blackrock’s Spot ETF has reached the highest level of all time against Nasdaq.”
This high transaction volume observed in the market shows that arranged products are preferred by investors. The increase in institutional purchases is considered as one of the basic elements that attract the price. With the announcement of clear data, more clear information about market dynamics will be obtained.
Increase in transaction volume and corporate investor movements play a balancing role in the field of investment. While interest in the regulated financial products increases, market participants move with cautious steps. Investment strategies are shaped by taking into account both short -term trends and long -term values.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
