Analyst: BlackRock's IBIT daily turnover reached 3.3 billion US dollars, more large inflows are expected this week
Bloomberg senior ETF analyst Eric Balchunas posted on platform X, stating that the trading volume of BlackRock's Bitcoin spot ETFIBIT reached $3.3 billion this trading day, setting a record high in six months. Although the volume of ETF trades usually surges during economic downturns/crises, Balchunas is more inclined to believe that this is due to market FOMO sentiment, which means there will be more large inflows this week.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yesterday, the net inflow of US SOL spot ETFs was $5.3 million.
Ethereum supporter Anthony Sassano: Ethereum gas limit may increase by 3-5 times next year
Pandora Ethereum ETF to be listed on the Hong Kong Stock Exchange on December 3
Data: US XRP spot ETF sees a single-day net inflow of $22.68 million