IBIT Stock Recent News

Exchange-traded funds (ETFs) usually track the performance of stock market indexes or sectors, but they can also track commodities like gold and silver. In general, ETFs are a cheap and easy way to build a diversified investment portfolio.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Bitcoin is just starting to accelerate higher again. At the start of 2024, the digital currency traded at $42,280. Today, it’s up to $107,338 and could run even higher on retail, government, and institutional interest. Helping, the U.S. Senate just passed a landmark bill to regulate cryptocurrency, which creates a path for digital assets to go mainstream. Key Points About This Article The U.S. Senate just passed a landmark bill to regulate cryptocurrency, which creates a path for digital assets to go mainstream. Standard Chartered believes Bitcoin could rally to $200,000 this year, and to $500,000 during President Trump’s presidency. Are you ahead or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted and must act in your best i

After retreating below a breakout in May, spot bitcoin ETF IBIT has found support as it plots a return to buy range.

The crypto rally has fizzled out lately, even as other risk-on assets like stocks have surged to new highs.

IBIT:CA offers convenient, cost-effective Bitcoin exposure for traditional investors through BlackRock's trusted ETF structure, bypassing crypto exchange complexities. Bitcoin's strong historical performance and growing mainstream adoption make it a compelling asset for diversification, hedging, or price participation. IBIT:CA stands out with a low 0.32% management fee, matching Fidelity and undercutting other Canadian Bitcoin ETFs on cost.

Michael Saylor, the tech entrepreneur who founded the enterprise software provider Strategy (formerly known as MicroStrategy), has a net worth estimated at $9.3 billion. In the past few years, his focus has shifted to Bitcoin , the world's most valuable cryptocurrency.

Traders were likely taking the opportunity to lock in profit after a strong recent spell for the token.

The world's largest token rallied on Tuesday after Israel and Iran agreed to a cease-fire.

More than a dozen small and micro-cap companies in London have adopted bitcoin treasury strategies, holding the cryptocurrency as a balance sheet asset. The trend, which began in the US with MicroStrategy and Tesla, has spread across London's Aquis Exchange, AIM junior market and the London main market.

Reports of a ceasefire between Israel and Iran should spark a market rally, sending oil prices tumbling. Select ETFs like IBIT and JETS should get a boost.