IBIT ETF | Coinbackyard

BlackRock Bitcoin ETF Options Surpass $425 Million in Sales on Launch Day

BlackRock Bitcoin ETF Options Reach $425 Million in Sales on Launch Day

November 20, 2024 • Latest News • Leave a Comment

BlackRock’s Bitcoin ETF options soared to over $425 million in sales on their first trading day, signaling massive investor confidence in Bitcoin’s future growth. The company’s IBIT ETF is leading the charge in the rapidly expanding Bitcoin ETF market.

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BlackRock’s IBIT ETF Reshapes Crypto

With its iShares Bitcoin Trust (IBIT) ETF, BlackRock has become a significant player in the cryptocurrency space. This exchange-traded fund (ETF) has not only exceeded initial projections but also completely changed the context of bitcoin investing since its launch on