<ul><li>BlackRock's spot Bitcoin ETF, IBIT, achieved a record-breaking trading volume of over $4 billion on November 6.</li><li>Despite the impressive trading activity, IBIT reported a daily outflow of $69 million, marking its largest ever daily outflow.</li><li>IBIT has been rapidly gaining ground on Grayscale's Bitcoin Trust (GBTC) and currently dominates the Bitcoin ETF market with around $26 billion net capital.</li><li>The election results and expectation of a pro-crypto administration are expected to attract more institutional investors to crypto ETFs, potentially boosting the inflows into Bitcoin and Ethereum ETFs.</li></ul>

BlackRock’s Bitcoin ETF Shatters Records with $4 Billion Trading Volume

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