BlackRock Bitcoin ETF Sees Record Volume Amid FOMO Surge

BlackRock Bitcoin ETF Sees Record Volume Amid FOMO Surge

BlackRock’s Bitcoin exchange-traded fund (IBIT) saw its daily trading volume spike to $3.35 billion on Oct. 29, marking its highest level in over six months. The surge, fueled by what appears to be "panic buying," comes as Bitcoin inches toward its all-time high. Bloomberg ETF analyst Eric Balchunas, citing the dramatic increase in trading volume, confirmed the widespread "FOMO" (fear of missing out) among investors. In an Oct. 29 post, Balch...

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