Analyst: BlackRock's IBIT daily turnover reached 3.3 billion US dollars, more large inflows are expected this week
Bitget2024/10/30 02:06
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.
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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.
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