Binance's $6.3B Hack Sends Bitcoin ETF Tumbling 5%, but This ETF Is Up 21%: What's Driving the Divergence?
Binance’s reported $6.3 billion security breach has rattled cryptocurrency markets, creating an unusual divergence in ETF trading. The iShares Bitcoin Trust ETF NASDAQ:IBIT fell 5.24% on Friday, while the T-Rex 2X Inverse MSTR Daily Target ETF BOATS:MSTZ surged nearly 21%. At the time of publicatio…
Binance’s reported $6.3 billion security breach has rattled cryptocurrency markets, creating an unusual divergence in ETF trading. The iShares Bitcoin Trust ETF NASDAQ:IBIT fell 5.24% on Friday, while the T-Rex 2X Inverse MSTR Daily Target ETF BOATS:MSTZ surged nearly 21%. At the time of publicatio…
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