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2026-05-23 19:11:02

IBIT's rebound is quite strong; the easing of geopolitical risks is indeed good news for risk assets.

IBIT-2.38%

View Original

MeNews2026-05-23 18:50:33

Bloomberg Analyst: IBIT has nearly risen consecutively for the past three weeks, gaining approximately 19% since the US-Iran conflict began.

Bloomberg senior ETF analyst Balchunas pointed out that the spot Bitcoin ETF IBIT under BlackRock has been rising almost daily over the past three weeks, recently increasing by about 3.5%, with a total gain of approximately 19% since the sell-off triggered by the US-Iran conflict. Geopolitical concerns have eased, market sentiment has improved, and this has driven Bitcoin-related ETFs to continue strengthening.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

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