🟢 IBIT is trading 3.7% up today on record ETF volumes and surging institutional demand

IBIT is trading 3.7% up today as Bitcoin rises 3.48% to $69,177.66 amid record-breaking spot ETF trading volumes and surging institutional demand.

• Spot Bitcoin ETF trading volumes reached $16-18 billion on April 3, rivaling major exchanges like Binance and signaling strong market conviction.
• The rally significantly outpaces broader markets, with the NASDAQ up 0.35%, as crypto-specific inflows remain the primary driver despite secondary geopolitical tensions and oil production news.