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IBIT recorded a daily turnover near $10 billion, a new high for the product.
BlackRock's IBIT ETF recorded a new all-time high daily turnover near $10 billion amid volatility.
KEY POINTS
- IBIT experienced a 13% single-day drop, its second-worst daily loss since launch.
- Recent days have seen IBIT net outflows totaling hundreds of millions despite strong trading activity.
- AI sector capital flows and weak macro data are contributing to sustained price and ETF volatility.
- Large IBIT trading volumes may reflect institutional portfolio rebalancing toward regulated crypto exposure.
COMPANIES
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