Bitcoin surged 6% at the opening of the US stock market on the first day after Vanguard lifted the ban on Bitcoin ETFs

Bloomberg ETF analyst Eric Balchunas posted on the X platform that on the first trading day after Vanguard lifted the Bitcoin ETF ban, Bitcoin rose 6% at the opening of the U.S. stock market. Additionally, IBIT reached a trading volume of $1 billion within the first 30 minutes of trading. He stated, "I knew the folks at Vanguard had a bit of a risk-taking spirit in them; even the most conservative investors like to add a bit of excitement to their portfolios."