Bitcoin ETF IBIT Sets Trading Record
Bloomberg ETF analyst Eric Balchunas recently reported that Bitcoin spot ETF IBIT achieved a record $10 billion in daily trading volume amid a 13% price drop, marking the highest volume since its launch.
Market Volatility Intensifies
This marks the second-largest single-day decline for IBIT since its debut, with market fluctuations intensifying. Despite falling prices, trading activity remains robust, reflecting mixed investor sentiment.
- IBIT reaches $10 billion in daily trading volume
- Bitcoin price drops 13%
- Second-largest daily decline for the ETF