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Cryptocurrency News Articles

BlackRock's Bitcoin ETF (iShares Bitcoin Trust) Recently hit a new high, recording over $4.1 billion in daily trading volume

Nov 13, 2024 at 09:04 pm

This achievement comes amid renewed interest in crypto assets, driven by the recent U.S. presidential election and market optimism around a pro-crypto administration.

BlackRock's Bitcoin ETF (iShares Bitcoin Trust) Recently hit a new high, recording over $4.1 billion in daily trading volume

BlackRock's Bitcoin ETF hit a new all-time high recently, recording over $4.1 billion in daily trading volume. This surge comes amid renewed interest in crypto assets, driven by the recent U.S. presidential election and market optimism around a pro-crypto administration.

Together with the massive surge in BlackRock's ETF, meme tokens like Floki Inu (FLOKI) and innovative projects like Yeti Ouro (YETIO) are gaining traction among investors looking to maximize their returns this November.

BlackRock's Bitcoin ETF Sets A New Trading Record

Earlier this month, world's largest asset manager BlackRock saw its Bitcoin ETF biggest trading day ever following the U.S. election results. The iShares Bitcoin Trust (IBIT) witnessed a trading volume of over $4.1 billion in a single day.

To put this into perspective, this volume surpassed that of well-established stocks like Berkshire Hathaway, Netflix, and Visa.

According to a tweet by Balchunas, a renowned analyst, “$IBIT just had its biggest volume day ever with $4.1b traded. For context, that’s more volume than stocks like Berkshire, Netflix, or Visa saw today. It was also up 10%, its second-best day since launching. Some of this will convert into inflows likely hitting Tuesday or Wednesday night.”

Floki Inu (FLOKI) Gains Momentum

Meanwhile, meme coin Floki Inu (FLOKI) is also seeing a significant uptick in interest. The token is currently trading at $0.000188, with a 24-hour trading volume of $760 million. Floki has risen 4.17% in the last 24 hours, pushing its market cap to over $1.8 billion.

At 56th by market capitalization, the asset continues to grow in popularity among meme coin enthusiasts.

Yeti Ouro (YETIO) Taking Over the P2E Market And Attracting Early Investors

Another project that is drawing significant attention this November is Yeti Ouro (YETIO), which is currently in its presale phase. Already $250k has been raised in the first few weeks of presale.

Yeti Ouro is taking over the Play-to-Earn (P2E) gaming sector with its highly anticipated game, Yeti Go. Built on the Ethereum blockchain and powered by the Unreal Engine, Yeti Go offers players the opportunity to earn YETIO tokens through thrilling racing challenges.

The capped supply of 1 billion YETIO tokens is creating a sense of scarcity, driving early investors to accumulate the token in anticipation of its official game launch. With the Play-to-Earn market booming in 2022, Yeti Ouro aims to be at the forefront by offering a unique combination of high-quality gameplay and rewarding tokenomics. As a result, early investors are guaranteed a high RIO (return on investment) this November.

Join the Yeti Ouro Community

Website: https://yetiouro.io/

X (Formally Twitter): https://x.com/yetiouro

Telegram: https://t.me/yetiouroofficial

Discord: https://discord.gg/YtUsEZ2ZrV

News source:cryptodaily.co.uk

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Other articles published on Nov 14, 2024