IBIT is trading 3.3% up today as spot Bitcoin rebounds to near $62,000 following a geopolitics-driven risk-off selloff in the previous session.
- A softer June CPI print and broadly firmer U.S. equities are supporting risk sentiment, encouraging a recovery in digital assets.
- Crypto prices are posting gains from yesterday’s close, lifting spot Bitcoin ETFs as the market moves past recent geopolitical volatility.