IBIT is trading 3.3% higher in pre-market, tracking Bitcoin's rise to $69,177.66 (+3.48%) as institutional demand for spot ETFs continues to surge.
- Daily ETF trading volumes reached $16-18 billion on April 3, rivaling major exchanges like Binance and signaling high market conviction.
- Bitcoin's previous session closed at $67,367.29 (+2.69%), with current momentum supported by mild equity futures gains and stabilizing geopolitical tensions in the Middle East.