BlackRock's Bitcoin ETF (IBIT) Hits $10B Volume Milestone Amid Market Volatility

BlackRock's iShares Bitcoin Trust (IBIT) has achieved a historic trading volume, surpassing $10 billion. This record-breaking activity for the spot Bitcoin ETF signals intense investor interest, though analysts suggest such high volume can sometimes indicate a potential peak in selling pressure during volatile market phases. The milestone underscores the growing institutional participation in the crypto asset class via regulated financial products. Market observers are closely watching ETF flows as a key indicator for Bitcoin's (BTC) price trajectory and broader cryptocurrency market sentiment.