Bitcoin Spot ETF Trading Volume Surpasses 1.5 Trillion Yen Amid Market Crash, Setting a New Record

On the 5th, the daily trading volume of the US Bitcoin (BTC) spot ETF offered by financial giant BlackRock reached a record high of $10 billion (approximately 1.57 trillion yen). Bloomberg ETF analyst Eric Balchunas commented as follows: 'IBIT set a record daily trading volume of $10 billion while its ETF share price fell by 13%, marking the second-largest daily drop since its listing. It's an unforgiving situation.' A Bitcoin spot ETF involves the actual purchase of Bitcoin, basing the trust on those Bitcoin assets...