BlackRock’s Bitcoin ETF rockets past $1 billion 20 minutes after market opens

BlackRock’s iShares Bitcoin Trust ETF (IBIT) shot up to over $1 billion in trading volume within a jaw-dropping 20 minutes. This is the kind of volume you see with major sell-offs, but that’s not what’s happening here. Bitcoin’s price went on a rocket ride, and traders got whipped up into what analyst Eric Balchunas calls

Source: Cryptopolitan