The iShares bitcoin ETF is now bigger than its gold counterpart following rush into crypto on Trump win
The rapidly growing iShares Bitcoin Trust (IBIT) has now blown past one of the biggest funds in an old-school category of investing: gold. According to FactSet, the bitcoin ETF had roughly $34.3 billion in AUM as of Friday. That puts it above the iShares Gold Trust (IAU), which had just under $33 billion.
While bitcoin may surge in the short-term under a Trump presidency, it will inevitably face a market correction or pullback, analysts note.
Bitcoin just hit its ATH of $82K, following Trump's presidential victory. Analysts predict it might reach $100K shortly.
A widely regarded sentiment indicator for crypto is at its second-highest level this year. Here’s what it means.
U.S. senator Cynthia Lummis (R-Wyo.) introduced The Bitcoin Act to Congress in July, calling for the creation of a strategic ...
A crypto buying spree is underway as traders bet that Trump will usher in a new era of digital asset investing.
Bitcoin rallied past $82,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the ...
Swedish-Russian national Roman Sterlingov has been jailed for 12 years and six months for operating notorious cryptocurrency ...
Market momentum appears strong, driven by Trump’s victory, solid corporate earnings, and rising consumer sentiment, according ...
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