In recent days, record prices have been recorded for the new ETFs on Bitcoin spot since they were listed on the stock exchange on January 11 of this year.
Indeed, excluding the Grayscale Bitcoin Trust, there were simply no new ETFs in 2021, when Bitcoin reached its all-time highs, so the recent record prices for their shares are absolute.
The boom of BlackRock’s Bitcoin ETFs and record prices
IBIT, which stands for iShares Bitcoin Trust, is BlackRock’s spot Bitcoin ETF. In fact, iShares is a subsidiary of BlackRock.
This ETF now holds more than 150,000 BTC, and has an AUM approaching 9.5 billion dollars, constantly increasing.
At the time of its listing on the Nasdaq on January 11th, the opening price was $28, briefly rising above $29.6 on the same day of the launch.
Later the price dropped to $22 at the end of January, only to soar in February.
The record was set on February 28, almost reaching $36.8. At that point, compared to the launch price, the gain was
We współpracy z: https://en.cryptonomist.ch/2024/03/01/record-prices-for-bitcoin-etfs/
