BlackRock’s IBIT made up more than 50% of the daily trading volume and even smashed its own daily record by more than 30%.
Trading volumes for the “new nine” spot Bitcoin exchange-traded funds (ETF) have notched a new daily record as Bitcoin (BTC) surged as high as $54,938 on Monday.
Trading volumes for the nine topped $2.4 billion on Feb. 26, beating the prior record of $2.2 billion set on the first trading day — Jan. 11, according to data shared by Bloomberg ETF analyst Eric Balchunas.
The figures on both days excluded volume from Grayscale’s converted Bitcoin ETF product (GBTC).
