- The Spot Bitcoin ETFs saw their second-largest volume day on March 4, with a total volume of $5.5 billion.
- BlackRock’s IBIT alone saw an individual trading volume of $2.4 billion, surging past $11 billion in AUM.
- The last week marked the second-highest inflow in digital-asset investment products, led by Bitcoin.
The Spot Bitcoin exchange-traded funds have led the ETF market with staggering inflows and remarkable trading volume. While the last week witnessed record-high inflows in ETFs, March 4 marked the second-biggest volume day.
In an X post, ETF analyst Eric Balchunas asserted that with a total volume of $5.5 billion on March 4, the Bitcoin ETF market saw its second-largest trading volume. Reportedly, BlackRock’s iShares Bitcoin ETF (IBIT) continues to lead the charge with an individual trading volume of $2.4 billion. IBIT has surged past $11 billion in AUM.
The ten bitcoin ETFs a virtual lock to clock their second biggest volume day today. So looks like the big bump up in trading activity last week was more new normal than anomaly. pic.twitter.com/dOfIQ7hhS2— Eric Balchunas (@EricBalchunas) March 4, 2024
Further, Balchunas added that each of t…
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