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Bitcoin’s Rollercoaster Ride: The Effect of BlackRock’s ETF on Market Stability

The recent fluctuations in Bitcoin’s price can be traced back to the events surrounding BlackRock’s IBTC ETF. This financial instrument first appeared on the website of the Depository Trust and Clearing Corporation (DTCC), creating significant buzz and causing Bitcoin’s price to briefly exceed $35,000.

However, the ETF then seemingly vanished from the site, only to reappear later. This series of events led to a sharp volatility in Bitcoin prices, indicating that current trading activity