👀 JUST IN: BlackRock's spot Bitcoin ETF surpasses $1.2 billion in trading volume today.

BlackRock's iShares Bitcoin Trust (IBIT) has seen a significant surge in trading volume, surpassing $1.2 billion in a single day. This milestone reflects a growing investor interest driven by Bitcoin's recent price rally above $60,000. The ETF's trading volume has consistently exceeded $1 billion over several days, setting new records and indicating robust market demand for regulated Bitcoin investment vehicles.

This spike in trading volume is part of a broader trend where other Bitcoin ETFs, like Fidelity's Wise Origin Bitcoin Fund and Ark 21Shares Bitcoin ETF, also experienced substantial trading activity. The overall increase in Bitcoin ETF volumes highlights heightened market activity and optimism around Bitcoin's potential price movement towards $50,000 and beyond.

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