IBIT Fastest ETF to $10 Billion, Blast Finally Launches
Mar 1, 2024
Market Update Bitcoin experienced an uptick in premarket trading, approaching $63k, and is now stabilizing just above $61k. As we will expand on below, yesterday's price action was special in light of the GBTC outflows that were experienced. The $BTC premium on Coinbase has decreased since the market opened, suggesting possible additional redemptions in GBTC today. However, the decrease isn't as pronounced as yesterday. $ETH is currently hovering just below $3400, generally mirroring Bitcoin's price movements. $SOL has finally broken out, surging last night to nearly $138 and is now consolida
