BlackRock bitcoin ETF trading volume surpasses $1B for second day in a row

After seeing record trading volumes Monday, IBIT trade volumes soar again as bitcoin price rally continues

share

BlackRock’s bitcoin ETF saw $1 billion worth of trade volume with roughly two hours left in the trading day.

The iShares Bitcoin Trust (IBIT) had traded nearly 32 million shares — worth roughly $1.04 billion — as of 2:30 pm ET, according to Yahoo Finance.  

It was the second straight day that BlackRock’s fund achieved the $1 billion trading volume mark.  

Nearly 42.5 million shares of IBIT — worth roughly $1.3 billion — traded on Monday, which was an all-time high for the fund since its launch on Jan. 11. 

IBIT’s average daily shares traded is about 18.3 million, Yahoo Finance data indicates. 

Read more: Bitcoin ETF interest abound as BlackRock fund has record day

The 10 US spot bitcoin funds collectively saw $3.2 billion in trading volumes on Monday — second only to the roughly $4.5 billion seen on their first day trading

While IBIT dominated in volume on Monday, its $112 million of net inflows placed third in the category, according to BitMEX Research. The Fidelity Wise Origin Bitcoin Fund (FBTC) and the Ark 21Shares Bitcoin ETF (ARKB) notched inflows of $243 million and $131 million, respectively. 

Loading Tweet..

FBTC had done more than $400 million in trading volumes Tuesday, as of 2:30 pm ET, while ARKB’s daily trading volumes at that time amounted to about $160 million.

The largest spot bitcoin ETF — albeit one that has seen outflows each day over the last seven weeks — is the Grayscale Bitcoin Trust ETF (GBTC). That fund’s Tuesday trading volumes were at nearly $580 million 90 minutes before the closing bell.

GBTC led all spot bitcoin ETFs in daily trading volumes for several weeks until IBIT became the first to edge the product in that category on Feb. 1.  

The two straight days of $1 billion-plus trading volume for BlackRock’s bitcoin fund comes as BTC’s price has rallied. The asset rose above $57,000 Tuesday, up about 5% in the last 24 hours and more than 10% higher than it was a week ago.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Research Report Templates.png

Research

Ethena Labs is leaping from its flagship synthetic dollar, USDe, to a full product suite—USDtb, iUSDe, and the Arbitrum-based Converge Chain—designed to marry crypto-native yields with TradFi-grade compliance. Our analysis shows how expanding into CME, ETF options, and tokenized Treasuries could lift protocol revenue from sub-$500 million in a bear case to several billion dollars if favorable regulation and institutional adoption align.

article-image

The L1’s Interwoven Stack is the most opinionated tech stack yet

article-image

Bitcoin is still rising, 11 years after the documentary film The Rise and Rise of Bitcoin

article-image

Arch Labs CEO told Blockworks that the team plans to launch a native token, but declined to give details

article-image

CEO Mike Silagadze tells Blockworks that the US is “open for business” and why its DeFi bank offering is the first of many

article-image

Doing one thing well and leaving everything else out is often what disruptive technologies do best