Bloomberg ETF Analyst: Due to the Trump effect, the US Bitcoin ETF absorbed $1.4 billion yesterday
On November 8th, Bloomberg ETF analyst Eric Balchunas posted on platform X that due to the Trump effect, the US Bitcoin ETF absorbed $1.4 billion yesterday, of which BlackRock's IBIT absorbed $1.1 billion. The US Bitcoin ETF absorbed $6.7 billion last month and has so far this year attracted $25.5 billion, currently approaching 93% of its goal to surpass Satoshi Nakamoto's target of 1.1 million Bitcoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A certain whale went long on 638,000 HYPE, worth approximately $20 million
Perp DEX trading volume slowed in November, with Lighter, Hyperliquid, and Aster accounting for nearly 70%
A new address deposited 3.86 million USDC to Hyperliquid and placed a long order for 196 BTC.