Vanguard Lifts Bitcoin ETF Restrictions: $1 Billion Trade In First 30 Minutes

Investment giant Vanguard has lifted its ban on Bitcoin ETFs, unleashing a surge in trading volume and fueling excitement in the crypto market. Within the first 30 minutes of trading, BlackRock’s iShares Bitcoin Trust (IBIT) recorded an eye-watering $1 billion in volume. This unprecedented jump signifies pent-up demand from investors who were previously restricted by Vanguard’s policy. Experts attribute this shift to the growing popularity and acceptance of Bitcoin ETFs in traditional finance. The move has major implications for the digital asset space, potentially leading to a surge in retail and institutional investment.