Bitcoin ETF

<ul><li>BlackRock&#39;s IBIT ETF and other U.S. spot Bitcoin ETFs hit record-breaking trading volumes as Bitcoin&#39;s price surged and then fell.</li><li>Over $6.7 billion in net inflows directed towards spot Bitcoin ETFs since their debut, with significant investor interest.</li><li>Morgan Stanley&#39;s Europe Opportunity Fund updates filing to potentially include spot Bitcoin ETF investments, reflecting growing institutional cryptocurrency adoption.</li></ul>U.S. spot Bitcoin exchange-traded funds (ETFs), notably including BlackRock&#39;s bitcoin ETF (IBIT), recorded unprecedented trading volumes on Wednesday, as Bitcoin&#39;s price experienced significant fluctuations. <a href="https://cryptotale.org/blackrock-and-fidelitys-bitcoin-etfs-shatter-records-with-over-3-billion-in-assets/" rel="noopener noreferrer nofollow">BlackRock&#39;s IBIT ETF</a> experienced a significant trading volume, with over 96 million shares traded. This activity amounted to approximately $3.3 billion in value, setting a new record for the third consecutive day.Notably, the trading volume doubled the previous day&#39;s record of $1.35 billion, according to data shared on X by James Seyffart, a Bloomberg ETF analyst. This <a href="https://cryptotale.org/cryptocurrency-etfs-hit-historic-milestone-with-2-billion-in-daily-trades/" rel="noopener noreferrer nofollow">surge in trading volume</a> coincided with Bitcoin&#39;s price reaching $64,000 before a subsequent 7% decline.Collectively, the ten spot BTC ETFs achieved a trading volume of $7.7 billion, significantly surpassing the previous high of $4.7 billion from their <a href="https://cryptotale.org/grayscales-gbtc-leads-as-first-spot-bitcoin-etf-in-crypto-landscape/" rel="noopener noreferrer nofollow">first trading day</a> on January 11. Among these, both Grayscale&#39;s GBTC and <a href="https://cryptotale.org/blackrock-and-fidelitys-bitcoin-etfs-shatter-records-with-over-3-billion-in-assets/" rel="noopener noreferrer nofollow">Fidelity&#39;s FBTC</a> exceeded the $1 billion trading mark. Notably, IBIT ranked as the fourth most traded ETF in the U.S. during the session, with three other Bitcoin ETFs also ranking within the top 20.The substantial trading volumes reflect a growing interest in Bitcoin and related financial products. Bitcoin itself saw a 44% increase in value over the month, further fueling demand for spot Bitcoin ETFs. Over $6.7 billion in <a href="https://cryptotale.org/bitcoin-etfs-smash-records-with-6-94-billion-volume-unleashed-post-presidents-day/" rel="noopener noreferrer nofollow">net inflows</a> have been directed towards these ETFs since their debut, with BlackRock&#39;s IBIT alone attracting $520 million of fresh funds on Tuesday. Other ETFs such as VanEck’s HODL and Valkyrie’s BRRR also saw notable increases.<a href="https://cryptotale.org/blackrocks-ibit-leads-record-breaking-day-for-bitcoin-etfs-amid-price-surge/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

BlackRock's IBIT Leads Record-Breaking Day for Bitcoin ETFs Amid Price Surge

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