The trading volume of BlackRock IBIT reached 4.1 billion US dollars yesterday, setting a new historical high
According to a tweet by Bloomberg ETF analyst Eric Balchunas, BlackRock IBIT just experienced its largest trading volume in history, with transactions reaching 4.1 billion US dollars.
Eric also stated that the trading volume of IBIT yesterday was larger than the trading volumes of stocks such as Berkshire Hathaway, Netflix or Visa today. The stock also rose by 10%, marking its second-best day since it went public. It is expected that some of these will be converted into capital inflows, which may appear on Tuesday and Wednesday nights.
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