Posted 2/26/2024, 11:16:05 PM
BlackRock's Bitcoin ETF Hits Record Volume as Crypto Surges
- BlackRock's Bitcoin ETF recorded an all-time high of $1.3 billion in trading volume on Monday
- The ETF now has over $6 billion in assets under management
- The SEC approved several spot Bitcoin ETFs in January after over a decade of denying applications
- BlackRock has also filed for an Ethereum spot ETF, with its CEO seeing value in such a product
- Bitcoin's price surged to over $54,000 on Monday, its highest level since late 2021