Overview

• Spot Bitcoin ETFs recorded more than $7.5 billion in trading volume on Oct. 7, a single-day high reported by Yahoo Finance.
• The surge came as Bitcoin traded near $124,000 during the "Uptober" rally.
• Liquidity in the ETF market now rivals many commodity and sector funds, enabling large block trades and establishing ETFs as the preferred route for institutional BTC exposure.
• BlackRock’s iShares Bitcoin Trust is approaching $100 billion in assets at an unusually rapid pace of roughly 435 days, according to Bloomberg’s Eric Balchunas.
• Analysts cite steady ETF inflows of about $5–$10 billion per quarter that outpace new BTC issuance, tightening supply and supporting the broader shift of flows into Ethereum products.