Bitcoin price approaches historical high, BlackRock IBIT fund turnover hits six-month high
Bitcoin (BTC) rose above the $73000 level on Wednesday morning Taiwan time, reaching $73600 at one point, with only about 0.3% remaining from the historical high set in March this year. Before the deadline, the price of Bitcoin has fallen back to $72300.
Since the Republican presidential candidate Donald Trump expressed support for digital assets during the election campaign, some traders regard Bitcoin as the so-called "Trump transaction". At present, the forecast market shows that Trump's chances of winning the election are ahead of the Democratic candidate Kamala Harris, while the poll shows that both sides are in a seesaw situation.
According to Bloomberg, IG Australia Pty market analyst Tony Sycamore pointed out in a report that Bitcoin is continuously "reflecting the pricing of Trump's election victory". He added that Bitcoin needs to continue breaking through $70000 to boost its confidence in rebounding beyond the historical high of $73798 in March.
Option traders have increased their bets on Bitcoin reaching $80000 by the end of November, regardless of who wins the election. The implied volatility is high before and after the election day (November 5th).
BlackRock Bitcoin ETF's trading volume hits a new high in six months
As Bitcoin approaches its historical high, the US Bitcoin spot ETF has attracted approximately $3.6 billion in net capital inflows so far this month. Bloomberg senior ETF analyst Eric Balchunas stated on social media platform X that BlackRock's Bitcoin spot ETF (stock code: IBIT) achieved a record high of $3.3 billion in trading volume on Tuesday, setting a six-month high.
Balchunas pointed out that ETF turnover typically surges only during market downturns or crises. However, sometimes when there is a "FOMO" frenzy (fear of missing out) in the market, turnover can also surge (such as the ARKK fund in 2020). Given the significant increase in Bitcoin prices in recent days, he speculates that the surge in IBIT turnover may be triggered by FOMO sentiment, which also means that (more) large-scale capital inflows may be seen this week.
(责任编辑:基金数据)
- ·深度解析:特朗普家族如何通过自家稳定币从20亿美元中东加密交易中获利
- ·万成环球控股(08309.HK)拟425万港元收购香港新界物业
- ·速览 Solana 流动性再质押协议 Fragmetric
- ·比特币2012年价格
- ·车辆保险费应该记在哪项会计科目里?
- ·华泰保险660万股股权二度挂牌:出让底价打九折,东北轻合金拟出清离场
- ·车险保额30万一年要多少钱?
- ·ok交易所
- ·2015比特币价格
- ·ABCDE Investment Research Partner: Discussing Ethereum's Current 'Difficulties' from a Primary Market Perspective