Bloomberg analyst: IBIT's single-day trading volume reached US$3.3 billion, a record high in nearly six months

BlockBeats news, on October 30, Eric Balchunas, senior ETF analyst at Bloomberg, posted on social media that BlackRock's Bitcoin spot ETF IBIT had a trading volume of $3.3 billion on this trading day, the highest level in 6 months.

Although ETF trading volume usually surges during economic downturns/crises, Balchunas is more inclined to believe that this is caused by market FOMO sentiment, which means that there will be more large inflows this week.