Historic Debut of BlackRock’s Bitcoin ETF in US Sparks Pre-Market Rally

Key Takeaways

BlackRock’s iShares Bitcoin Trust (IBIT) launched in the US pre-market, surging by 22.25%.
The US SEC approved 11 spot Bitcoin ETFs, with all set to begin trading on January 11th.
Bitcoin’s price remained steady at around $46,000 despite the significant development of the first US Bitcoin spot ETF.

Leave a Comment