🟡 BlackRock Bitcoin ETF Hits Record $10B Trading Volume

BlackRock’s flagship spot Bitcoin ETF (IBIT) hit a record daily trading volume of approximately $10 billion, marking the most active trading session since the fund’s launch. This surge coincided with a sharp Bitcoin sell-off, highlighting extreme volatility across crypto markets.

Key Highlights

📊 Record volume: IBIT saw ~$10 billion worth of shares traded in a single day — up from its previous $8 billion peak.

📉 Price action: Bitcoin and ETF shares dropped sharply in the session, reflecting heavy sell pressure.

⚠️ Volatility signal: High trading volume during a price decline often indicates capitulation or major repositioning, not just normal market activity.

Expert Insight

Record trading volumes in a major institutional product like IBIT show heightened activity from both inflows and outflows. When volume spikes alongside falling prices, it typically reflects high stress conditions and trader repositioning — not just passive long-term buying.

Market Tone

🟡 Short-term: high volatility with mixed directional bias

📈 Long-term: signals strong institutional participation, even in downturns

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