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BlackRock Bitcoin ETF Performance Marginally Outpaces S&P 500 Following 53% Drawdown

CryptoSlate ·

BlackRock's IBIT Bitcoin ETF recorded a lead of only 1.60 points over the S&P 500 index fund, despite experiencing a maximum price decline of 53%, which was nearly three times deeper than the volatility seen in the S&P 500 fund.

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Summaries are written by AI from the original article. Not investment advice.

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