BlackRock launches a Spot Bitcoin ETF IBIT. Rachel Aguirre discusses this as BlackRock’s Spot Bitcoin ETF began trading today on NASDAQ. IBIT ETF carries a 0.25% sponsor fee. Aguirre talks about how more than just the fee, investors are focused on the overall performance and market quality of these ETFs. She highlights that IBIT traded more than $1 billion today on the secondary market exchange. Tune in to find out more about the stock market today.
Market On Close
11 Jan 2024
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