BlackRock and Fidelity ETFs Drive Record-Breaking $5.48 Billion in Bitcoin Trading

BlackRock and Fidelity’s spot Bitcoin Exchange Traded Funds (ETFs) witnessed a staggering $5.48 billion in trading volume on a single day, highlighting increasing confidence in Bitcoin and its potential for long-term growth. This unprecedented volume signifies the growing acceptance of regulated Bitcoin exposure amongst both institutional and retail investors. 📈 The surge likely reflects heightened market activity driven by various factors such as macroeconomic concerns like inflation or upcoming Fed decisions, with large institutions potentially positioning themselves for a potential Bitcoin rally.