Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts Record Volume

Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts Record Volume

To provide some historical context, ETF trade volume reached a $9.9 billion peak during the March bull run, according to data from checkonchain. Total trade volume on Nov. 6 reached approximately $76 billion, comprising futures volume of $62 billion, spot volume of $8 billion and ETF trade volume of $6 billion, so ETF trade volume is still a small percentage of the total.