BlackRock’s spot bitcoin ETF posts $10 billion daily volume record as BTC records major intra-day decline: Bloomberg

BlackRock Bitcoin ETF BlackRock’s flagship spot bitcoin fund, IBIT, has smashed another record in terms of single-day volumes, with some 10billionworthofvaluetraded,accordingtoBloombergETFanalystEricBalchunas. “10 billion worth of value traded, according to Bloomberg ETF analyst Eric Balchunas.  “IBIT just crushed its daily volume record with $10b worth of shares traded as its price fell 13%, second-worst daily price drop since it launched. Brutal,” Balchunas wrote in a Friday X post, citing Bloomberg data.  The BlackRock iShares Bitcoin Trust’s previous volume record of about ...

BlackRock’s spot bitcoin ETF posts $10 billion daily volume record as BTC records major intra-day decline: Bloomberg - Reportify