Bitcoin ETFs Reach $25 Billion Weekly Trading Volume, Led by BlackRock

The U.S. spot Bitcoin ETF market is experiencing a surge in trading activity, hitting record levels of $25 billion weekly volume according to latest data. This notable increase is primarily driven by inflows of $2.75 billion. BlackRock stands out as the leader with its iShares Bitcoin Trust (IBIT), holding 3.3% of the total Bitcoin supply. This concentration reflects Blackrock’s significant influence within the market.