Nearly 100 million shares of BlackRock’s Bitcoin funds were traded on Thursday, setting a new daily volume record.
BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) has notched another daily trading volume record as BTC dropped 6% from its daily high over the United States trading day.
Barchart data for March 14 shows the iShares Bitcoin Trust (IBIT) traded 99.3 million shares in the day — a trading volume of over $3.9 billion and beating its previous $3.7 billion volume record set less than 10 days ago on March 5.
It came as BTC dropped 6% from its daily high over the U.S. trading day, which has since begun to recoup.