BlackRock's Bitcoin ETF, IBIT, has experienced a significant surge in trading volume and net inflows, marking a notable uptrend in the cryptocurrency market. The ETF recorded a daily trading volume of $1 billion, with a record daily inflow of $520 million. This surge is part of a broader trend, as spot Bitcoin ETFs have witnessed two consecutive all-time highs in daily trading volume, driven by increased interest from retail investors. The overall trading volume for Bitcoin ETFs reached a record $7.7 billion, shattering previous records. Additionally, the daily net inflow for IBIT surpassed $600M, with the ETF seeing +676.8m net inflows, including +612.1m inflows for IBIT alone. This heightened activity is attributed to the bullish trend in Bitcoin prices, attracting more investors to the market.