BlackRock’s IBIT Hits $8B as Bitcoin ETFs Record $11.5B Trading Surge

TLDR

Table of Contents

Bitcoin ETFs reached $11.5B in daily trading, the highest volume on record.
IBIT led with $8B in volume, setting its own all-time trading record.
$240M in net ETF inflows occurred, with Fidelity’s FBTC gaining $108M.
Put volume in IBIT hit a record high, showing increased hedging interest.

BlackRock’s IBIT led a record-breaking day for Bitcoin ETFs, generating $8 billion in trading volume out of a total $11.5 billion. This surge reflects rising institutional activity and increased investor demand. Fidelity’s FBTC saw $108 million in inflows, while Bitwise reported over $40 million. At the same time, IBIT options volume hit a record high, showing that investors are actively hedging while maintaining long-term exposure to Bitcoin.

ETF Trading Volumes Hit All-Time High

The U.S. spot Bitcoin ETF market recorded its highest trading volume to date, reaching $11.5 billion in a single day. BlackRock’s IBIT led the surge with $8 billion in volume, marking its biggest trading day since launch. Bloomberg analyst Eric Balchunas described the event as an “eruption in volume,” noting the sharp increase in institutional activity.

Volume increases of this scale often signal major repositioning among investors. ETFs serve as accessible trading tools and are often used to absorb short-term volatility. When investor sentiment shifts or price action accelerates, volume in these products tends to spike.

IBIT Sees Institutional Demand Rise

IBIT accounted for almost 70% of the total Bitcoin ETF trading activity during the session. The product has attracted broad interest from institutional firms, with earlier disclosures showing JPMorgan among its holders. Balchunas pointed to the surge in volume as a reflection of institutional re-engagement.

Fidelity’s FBTC also saw major inflows, taking in $108 million. Bitwise CEO Hunter Horsley confirmed that more than $40 million flowed into three of the firm’s ETFs. “Some may be selling, but ETF investors are buying,” Horsley said. He emphasized that investors often act when prices appear low, regardless of short-term movements.

Hedging Rises With Record Put Volume in IBIT

Alongside the trading surge, IBIT also saw a record week for options activity, particularly in put contracts. Balchunas noted that heavy put buying allows investors to remain exposed to Bitcoin while protecting against downside risk. “This was something big investors loved about $SPY when it was first launched back in the ’90s,” he said.

The use of options shows that traders are managing risk while maintaining long positions. This pattern is typical when asset volatility rises. Increased options activity can also improve ETF liquidity and help stabilize overall market behavior.

Net Inflows Continue Across Major Funds

According to SoSoValue data, total inflows into Bitcoin ETFs reached $240 million during the session. Despite recent outflows, these new inflows indicate renewed investor interest. This included ongoing support for Grayscale’s products and notable gains across several other funds.

While daily flows remain volatile, long-term investors appear to be taking advantage of lower Bitcoin prices. The high trading activity and new capital entering the ETFs suggest investors are using the current dip to build or increase positions.

The broader trend reflects growing use of ETFs not only as long-term holdings but also as tactical tools for hedging and trading. With major players such as BlackRock and Fidelity leading the charge, the Bitcoin ETF landscape continues to evolve rapidly.