#MyStrategyEvolution The cryptocurrency-focused exchange-traded funds also thrived, with BlackRock's iShares Bitcoin Trust (IBIT) closing near its all-time high. On Thursday, the spot Bitcoin fund reached $80 billion in assets under management, faster than any ETF in the 32-year history of that industry, according to Bloomberg data. The price of IBIT shares rose 9% during the week, while the iShares Ethereum Trust (ETHA) jumped more than 17% in the period.
The technology-focused Nasdaq and the S&P 500 closed down 0.22% and 0.33%, respectively, as trade tensions with Canada intensified.