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:创业研究)
- ·资金账簿印花税怎么申报
- ·10月31日鹏扬景阳一年持有混合C净值下跌0.02%,近1个月累计上涨0.13%
- ·什么狗能打过比特犬
- ·4月份重庆天气怎么样
- ·员工工伤报销分录怎么做
- ·10月31日华商新动力混合A净值增长0.71%,近6个月累计上涨21.8%
- ·增值税专票月末做账流程
- ·经纬辉开收盘涨3.44%,主力资金净流入6302.96万元
- ·img币行情
- ·10月31日华泰柏瑞量化创盈混合C净值增长0.46%,近3个月累计上涨20.45%
- ·一般公共预算支出包括哪些
- ·东芯股份收盘涨4.58%,主力资金净流入2595.69万元
- ·抚州公积金网上查询-抚州公积金网上查询入口官网
- ·PVDF概念31日主力净流出1.55亿元,中创环保、多氟多居前
- ·l网交易所
- ·meme币交易所下载安卓最新 meme币最新版手机app下载
- · 数字货币交易app
- · 十大虚拟货币交易平台app
- · 虚拟货币交易平台排名
- · 虚拟货币交易
- · 全球三大虚拟货币交易平台
- · okx官方
- · 虚拟货币交易平台有哪些
- · okx网页版
- · 数字货币交易平台app
- · 加密货币交易所