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

According to Odaily Planet Daily, Bloomberg ETF analyst Eric Balchunas stated in an article published on the X platform that on the first trading day after Vanguard lifted its ban on Bitcoin ETFs, Bitcoin rose 6% at the opening of the US stock market. Furthermore, IBIT saw $1 billion in trading volume within the first 30 minutes of trading.

He stated, "I knew that Vanguard Group people have a bit of an adventurous spirit in their bones; even the most conservative investors like to add a little excitement to their portfolios."