Total daily trading volume for spot Bitcoin ETFs skyrocketed to over $4.3 billion, highlighting aggressive institutional flows and renewed retail fervor for direct BTC exposure.
Massive inflows drive new ETF records
BlackRock’s iShares Bitcoin Trust alone handled $1.7 billion today, with Fidelity’s fund close behind at $1.2 billion. Smaller products from Bitwise and VanEck combined for roughly $700 million, setting internal records. This surge marked the highest collective spot BTC ETF volume in more than three months.
What’s fueling this momentum
Traders point to dovish economic signals from the U.S., which suggest rate cuts could come by year-end, pushing demand for alternative assets like Bitcoin. Meanwhile, a wave of short liquidations has accelerated volatility, driving additional ETF hedging.
Will this ETF stampede propel Bitcoin into fresh all-time highs soon?