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International Business Times
International Business Times
Business
Nica Osorio

FORGOTTEN HISTORY: Ishares bitcoin trust dominates the market with over 1b in trading volume in 3 days | History Defined

KEY POINTS

  • iShares Bitcoin Fund recorded over $1.8 billion in trading volume in just three days
  • BlackRock dominates the race among newly approved spot Bitcoin ETFs
  • Bitcoin was trading at $42,702.36 at 3:20 a.m. ET on Wednesday

The iShares Bitcoin Trust, a recent addition to the cryptocurrency investment landscape managed by BlackRock, swiftly took a leading position in the Bitcoin ETF market and achieved an impressive milestone after three days of trading in U.S. exchanges. It recorded over $1.8 billion in trading volume.

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