BlackRock’s Bitcoin ETF sets daily volume record as BTC recoups slump

Nearly 100 million shares of BlackRock’s Bitcoin funds were traded on Thursday, setting a new daily volume record.

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BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) has notched another daily trading volume record as BTC dropped 6% from its daily high over the United States trading day. 

Barchart data for March 14 shows the iShares Bitcoin Trust (IBIT) traded 99.3 million shares in the day — a trading volume of over $3.9 billion and beating its previous $3.7 billion volume record set less than 10 days ago on March 5.

It came as BTC dropped 6% from its daily high over the U.S. trading day, which has since begun to recoup.

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