Bloomberg analyst: IBIT has risen almost continuously for the past three weeks, accumulating about a 19% increase since the US-Iran conflict.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
ChainCatcher news: Bloomberg senior ETF analyst Eric Balchunas posted on X that BlackRock's spot Bitcoin exchange-traded fund (ETF) IBIT has been rising almost daily for the past three weeks, increasing by about 3.5% again and accumulating an increase of around 19% since the market sell-off triggered by the US-Iran conflict. As concerns over geopolitical shocks have eased, investor sentiment has clearly recovered, driving sustained strength in Bitcoin-related ETFs.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$77,505.53
+0.84%
Ethereum
ETH
$2,288.26
+1.86%
Tether USDt
USDT
$0.9987
+0.03%
BNB
BNB
$696.4
-0.06%
XRP
XRP
$1.28
+2.96%
USDC
USDC
$0.9996
+0.00%
Solana
SOL
$93.22
+1.71%
TRON
TRX
$0.3236
+1.98%
Hyperliquid
HYPE
$85.56
+2.56%
Zcash
ZEC
$1,211.47
+4.84%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now