The spot Bitcoin ETFs in the United States set a new record in terms of trading volume on Friday, which was categorized as \u201cwild but normal\u201d by experts.<\/p>\n
This came amid turbulent times for the underlying asset, which experienced a substantial price volatility that included a drop toward $80,000 and a subsequent recovery of almost five grand.<\/p>\n
Bloomberg\u2019s senior ETF analyst Eric Balchunas described the events that took place on the spot Bitcoin ETF<\/a> front as an \u201ceruption\u201d in the trading volumes, with $11.5 billion traded from all of them. After asserting that this was \u201cwild but also normal,\u201d he explained what might be the cause and how ETFs are liquidation release valves.<\/p>\n Also no surprise record week for Put volume in $IBIT<\/a>.. this is one thing that may help ppl stay the course, they can always buy some puts as hedge while they stay long. This was something big investors loved about $SPY<\/a> when it was first launched back in \u201990s. pic.twitter.com\/eDDXoDvmTv<\/a><\/p>\n \u2014 Eric Balchunas (@EricBalchunas) November 21, 2025<\/a><\/p>\n\n Somewhat expectedly, the world\u2019s largest BTC ETF was responsible for the lion\u2019s share, with $8 billion of the total volume. IBIT has been<\/a> on a substantial negative streak for the past several weeks, and yesterday was no exception, with $122 million in net outflows. Interestingly, it has been in the green only once out of the past eight trading days.<\/p>\n Nevertheless, the day turned out to be positive for the ETFs as a group, with $238.4 million entering the funds. The week, though, was deep in the red, with over $1.2 billion in net outflows, according<\/a> to FarSide data.<\/p>\n These withdrawals from the ETFs are among the reasons why BTC\u2019s price has been falling hard lately. Recall that the asset entered the previous business week at $95,000, but it dumped hard by almost $15,000 in the span of just a few days to bottom below $81,000 on Friday.<\/p>\n Once the New York Fed President John Williams offered<\/a> some hope that the central bank might lower interest rates soon, BTC bounced to around $85,000. Still, the cryptocurrency has plunged by roughly 32% since its all-time high in early October, which raises<\/a> questions about the state of the overall market and whether the bears are in full control now.<\/p>\n The post Bitcoin ETFs Smash Trading Volume Records During BTC\u2019s Wild Friday Swings<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The spot Bitcoin ETFs in the United States set a new record in terms of trading volume on Friday, which was categorized as \u201cwild but normal\u201d by experts. This came amid turbulent times for the underlying asset, which experienced a substantial price volatility that included a drop toward $80,000 and a subsequent recovery of almost […]<\/p>\n","protected":false},"author":0,"featured_media":114956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-114955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/114955"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114955"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/114955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/114956"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}BTC Price Update<\/h2>\n