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BlackRock Bitcoin Record Refreshed: Seen the Highest with 4.5 Billion Dollars! - Coin Bulletin
World giant BlackRock hosted a new record as Bitcoin price exceeded 88,000 dollars.
On Monday, November 11th, Bitcoin surpassed the $88,000 level for the first time, while BlackRock's spot Bitcoin ETF also set a new record in daily trading volume.
According to Bloomberg's Senior ETF Analyst Eric Balchunas, this fund of BlackRock reached a trading volume of $4.5 billion in a single day.
After Trump's victory in the US presidential elections, the price of Bitcoin rose rapidly, and a positive movement was seen in the overall cryptocurrency market. Crypto-focused companies such as spot Bitcoin ETFs and MicroStrategy also gained value, attracting investors' attention.
Especially MicroStrategy shares reached a record price on Monday, November 11, after 24 years.
Last week, just a few days after Trump's election victory, BlackRock saw a $1.1 billion net inflow into its spot Bitcoin ETF. This figure was recorded as the highest inflow amount obtained in a single day.