BlackRock Bitcoin ETF Hits $1.35 Billion Record Trading Volume as Fidelity Leads Inflows
Feb 28, 2024
BlackRock's IBIT Bitcoin ETF set a new record for daily trading volume, reaching $1.35 billion on Tuesday, surpassing Monday's record. U.S.-listed spot bitcoin ETFs collectively traded over $2 billion, though slightly lower than Monday's record of $2.4 billion. Fidelity's bitcoin ETF (FBTC) also experienced strong trading volume. Monday saw significant inflows, with Fidelity leading at $243 million, followed by Ark and 21 Shares' ARKB with $130 million each. IBIT ranked third with $111 million in inflows.
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