Why the iShares Bitcoin Trust ETF Rocketed Almost 40% in November

08.12.24 16:00 Uhr

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Shares of the iShares Bitcoin Trust ETF (NASDAQ: IBIT) rallied 38.8% during November, according to data from S&P Global Market Intelligence.The exchange-traded fund (ETF) closely tracks the price of Bitcoin (CRYPTO: BTC), allowing investors to gain exposure to the cryptocurrency on major brokerage platforms without having to purchase it directly on a crypto exchange. Bitcoin has rallied big time in the wake of Donald Trump's election on Nov. 5, so this Bitcoin ETF followed suit.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Quelle: MotleyFool