Blackrock’s Spot Bitcoin
Fund quoted by exchange (ETF) List in Nasdaq under the Ibit Ticker increased 3.49% last week, breaking a four -week bearish trend in commercial volumes.
A total of 210.02 million shares changed hands in the week that ended on June 27, registering a growth of 22.2% of the volume of the previous week of 171.74 million shares, according to Data Source TradingView. That is the first weekly growth since the third week of May.
The volume renewed increase occurs in the middle of the continuous demand of the ETF. Last week, Ibit registered a net ticket of $ 1.31 billion, after the account of the previous week of $ 1.23 billion. The largest public fund has accumulated $ 3.74 billion in investor money this month, according to the Sosovalue data source.
The 11 ETF spot listed in the US.
The picture shows that Ibit has formed a bull flag, imitating the bundle continuation pattern in the BTC price table.
A rupture, if confirmed, would indicate an extension of the bull since the beginning of April, the casualties about $ 42.98.
