FOMO Confirmed || BlackRock Bitcoin ETF Biggest Trading Day in 6 Months

Published: 30 October 2024
on channel: Financial Markets
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0

FOMO Confirmed || BlackRock Bitcoin ETF Biggest Trading Day in 6 Months

The daily trading volume for BlackRock's Bitcoin exchange-traded fund (ETF) surged to $3.35 billion during the trading day of Oct. 29, its highest level in over six months.

One ETF analyst believes the spike in trading volume is driven by panic buying of Bitcoin BTC ($72,412), which is currently trading for $72,930—only a 2% move away from reaching a new all-time high.


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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.

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