{"id":2419,"date":"2024-11-10T18:47:16","date_gmt":"2024-11-10T18:47:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2419"},"modified":"2024-11-10T18:47:16","modified_gmt":"2024-11-10T18:47:16","slug":"massive-day-for-blackrocks-bitcoin-etf-as-trading-volume-reaches-unseen-levels-with-4-1-billion-traded","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2419","title":{"rendered":"Massive Day For BlackRock&#8217;s Bitcoin ETF As Trading Volume Reaches Unseen Levels With $4.1 Billion Traded"},"content":{"rendered":"<div>\n<p>On Nov. 6, <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40937953\/larry-fink-defies-blackrocks-largest-shareholder-to-make-a-bold-bet-on-bitcoin-heres-how-h\">BlackRock&#8217;s <\/a>iShares Bitcoin Trust (IBIT) achieved an unprecedented trading milestone, with volume spiking to $4.1 billion in a single day \u2013 its highest ever. This surge, following Donald Trump&#8217;s reelection as President of the United States, signals a potent wave of institutional and potentially retail interest in cryptocurrency ETFs.<\/p>\n<p><strong>Don&#8217;t Miss:<\/strong><\/p>\n<ul>\n<li><strong>If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,<\/strong><a href=\"https:\/\/www.benzinga.com\/money\/etoro-doge\"><strong> <\/strong><strong>here\u2019s how much you\u2019d have today<\/strong><\/a><strong>.<\/strong><\/li>\n<li><strong>Over the last five years, the price of gold has increased by approximately 83% \u2014 Investors like Bill O\u2019Reilly and Rudy Giuliani are using this platform to <\/strong><a href=\"https:\/\/www.benzinga.com\/money\/american-hartford-gold\"><strong>create customized gold IRAs to help shield their savings from inflation and economic turbulence.\u00a0<\/strong><\/a><\/li>\n<\/ul>\n<p>Bloomberg ETF analyst Eric Balchunas noted on X (formerly Twitter) that this massive trading volume exceeded that of established stocks like Berkshire Hathaway, Netflix and Visa, making it an extraordinary day for Bitcoin on the ETF front. To add perspective, many Bitcoin ETFs also saw a significant uptick, trading at nearly twice their typical volume. This is reminiscent of Bitcoin ETFs\u2019 highly volatile early days in January.<\/p>\n<p>Analysts attribute this remarkable performance to a mix of factors, including Bitcoin&#8217;s price momentum, which saw the asset climb to a &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/11\/41869353\/massive-day-for-blackrocks-bitcoin-etf-as-trading-volume-reaches-unseen-levels-with-4-1-billion-traded\" alt=\"Massive\" day for blackrock bitcoin etf as trading volume reaches unseen levels with billion traded>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>On Nov. 6, BlackRock&#8217;s iShares Bitcoin Trust (IBIT) achieved an unprecedented trading milestone, with volume spiking to $4.1 billion in a single day \u2013 its highest ever. This surge, following Donald Trump&#8217;s reelection as President of the United States, signals a potent wave of institutional and potentially retail interest in cryptocurrency ETFs. Don&#8217;t Miss: If [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2419","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2419"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2419\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}