Analyst: BlackRock's IBIT daily turnover reached 3.3 billion US dollars, more large inflows are expected this week
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.
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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