- BlackRock’s IBIT set a new record with $8B traded, leading a total of $11.5B in Bitcoin ETF volume.
- U.S. Bitcoin ETFs saw renewed inflows, with major products attracting strong institutional activity.
- IBIT put options hit an all-time high as traders expanded hedging during heightened market volatility.
U.S. Bitcoin ETFs recorded their busiest session of the year as daily trading activity surged across major products. BlackRock’s IBIT led the category with a new volume record that reflected a strong return of institutional interest after recent market fluctuations.
Record Volume Marks Return of Institutional Trading
BlackRock’s IBIT recorded $8 billion in trading during a single U.S. session, according to Eric Balchunas of Bloomberg. The ETF accounted for most of the $11.5 billion traded across all spot Bitcoin ETFs that day. Balchunas described the increase as an eruption of activity across the entire ETF group.
The jump followed BlackRock’s recent transfer of part of its Bitcoin and Ethereum holdings to Coinbase. The shift added more attention to IBIT as traders moved positions across several funds. Large investors increased participation after a short period of reduced flows across the category. SoSoValue data showed combined net inflows of $240 million during the session.
Fidelity’s FBTC recorded $108 million, and Grayscale products also saw steady increases. These inflows came shortly after IBIT experienced its largest single-day outflow earlier in the month. Bitwise also recorded strong interest. CEO Hunter Horsley reported more than $40 million in inflows across three of the firm’s ETFs. He stated that many investors were buying when asset prices appeared low relative to recent levels.
IBIT Put Options Hit New High as Hedging Activity Expands
Options linked to IBIT also recorded a new milestone. Balchunas noted that put volume reached an all-time high during the week. He said many traders used puts as a cushion while holding long positions in a volatile market.
This approach mirrored strategies used in other major ETFs such as SPY, where options help investors manage exposure without leaving positions entirely. The rise in put volume also supported overall liquidity during the session.
The strong combination of trading volume, inflows, and options activity showed that institutional investors continued to rely on regulated Bitcoin ETFs during periods of fast market movement. The session marked one of the most active days for the category since launch.
