BlackRock's Bitcoin ETF saw a significant surge in trading volumes, reaching an impressive $4.1 billion. This performance surpassed prominent stocks such as Berkshire Hathaway and VISA, marking a noteworthy milestone in the cryptocurrency market.
The trigger for this boom was Donald Trump's election as the President of the United States, which seemed to have bolstered investor confidence in Bitcoin ETFs.
This development reversed the recent trend of outflows in spot Bitcoin ETFs, suggesting a potential shift in market sentiment towards cryptocurrency investments.
