Blackrock’s Spot Bitcoin
Stock market negotiated funds (ETF) Registered on the Nasdaq under the IBIT Ticker increased by 3.49% last week, breaking a downward trend of four weeks in negotiation volumes.
In total, 210.02 million shares changed hands in the week ended on June 27, recording growth of 22.2% compared to the volume count of the previous week of 171.74 million shares, according to Data Source TradingView. This is the first weekly growth since the third week of May.
The resumption renewed in volume occurs in the middle of the continuous request for the FNB. Last week, Ibit recorded a net influx of $ 1.31 billion, after the total of $ 1.23 billion in the previous week. The largest fund on the stock market has amassed $ 3.74 billion in investor funds this month, according to the Sosovalue data source.
The 11 ETF spots listed in the United States has collectively recorded a net influx of more than $ 4 billion this month, marking the third consecutive monthly entry.
The graph shows that Ibit has formed a bull flag, imitating the bullish continuation model on the BTC price table.
A break, if confirmed, would signal an extension of the bull from bottom of bottom in April nearly $ 42.98.
