'FOMO confirmed' — BlackRock Bitcoin ETF clocks biggest trading day in 6 months
ETF analyst Eric Balchunas said the outsized trading volume across BlackRock's spot Bitcoin ETF is proof that investors are panic-buying Bitcoin as the asset nears an all-time high.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
ETF analyst Eric Balchunas said the outsized trading volume across BlackRock's spot Bitcoin ETF is proof that investors are panic-buying Bitcoin as the asset nears an all-time high.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Goldman Sachs drops $2.25 billion to hijack the Bitcoin yield market and leapfrog BlackRock by 19x
Goldman Sachs agreed to acquire NEOS Investments for up to $2.25 billion, adding a $30 billion options-income ETF platform that in...
UBS Ups Bitcoin Position, Buys More Shares in BlackRock’s ETF
Bitcoin Magazine UBS Ups Bitcoin Position, Buys More Shares in BlackRock’s ETF Switzerland’s largest bank has upped its exposure t...
BlackRock’s Bitcoin income ETF offset less than 30% of its $1.2M crypto losses with options
BlackRock’s iShares Bitcoin Premium Income ETF (BITA) recorded $79,073 of realized gains and $265,776 of unrealized appreciation o...
From BONK to ANSEM: How Solana Reinvented the Meme Coin
The FTX collapse had shaken confidence across the crypto industry; Solana had been caught in the fallout, and SOL was trading belo...
Bullish’s Non-Trading Revenue Overtakes Transaction Revenue as Crypto Sales Fall 44%
Bullish’s second-quarter results show why crypto platforms have to diversify from crypto: digital asset sales fell sharply, while...
Goldman Sachs to Acquire NEOS for up to $2.25 Billion, Gaining a $1 Billion Bitcoin Income ETF
Goldman Sachs said Wednesday it has agreed to acquire NEOS Investments for up to $2.25 billion in cash and equity, a deal that wou...