Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Bitcoin ETFs, Led By BlackRock's I Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Bitcoin ETFs, Led By BlackRock's I

Bitcoin ETFs, Led By BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate

2025/11/24 13:26
4 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Bitcoin ETFs, Led By BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate

The U.S.-listed spot bitcoin ETFs saw a record $40 billion in trading volume last week, with IBIT leading the way.

By Omkar Godbole, AI Boost
Nov 24, 2025, 5:26 a.m.
Bitcoin ETFs register record activity. (Unsplash, Kanchanara)

What to know:

  • The U.S.-listed spot bitcoin ETFs saw a record $40 billion in trading volume last week, with IBIT leading the way.
  • The surge in trading volume, along with price plunge and record redemptions, suggests institutional capitulation.

The 11 U.S.-listed spot bitcoin ETFs shattered trading records last week, with cumulative volumes surpassing $40.32 billion, indicating likely institutional capitulation.

BlackRock's IBIT led the industry with $27.79 billion in trading volume, accounting for nearly 70% of the total, according to data source SoSoValue.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

On Friday alone, these funds recorded over $11.01 billion in trading volume, with BlackRock's IBIT contributing $8 billion.

Capitulation

The record-setting activity comes hand-in-hand with a plunge in bitcoin's price and large redemptions, pointing to institutional capitulation – the rush by investors to exit the fading bets.

Bitcoin's price has dropped 23% this month to $86,700, falling to nearly $80,000 on some exchanges last week. BlackRock's IBIT has also fallen to its lowest level since April.

BTC's price slide has pushed most ETF holders underwater, as the weighted-average entry price for holders is above $90K, according to Bianco Research.

It's no surprise that the 11 ETFs have cumulatively processed record redemptions worth $3.55 billion this month.

The record redemptions challenge the prevailing belief that these entities take long-term positions, suggesting a possibility that fears of an impending macroeconomic blowup are driving this capitulation.

Bitcoin NewsETFsMarkets
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

DOGE Beats the Blue Chips as D.O.G.E Calls it Quits

DOGE – the memecoin – edged past the CoinDesk 20 and the CoinDesk memecoin index as the White House announced Elon Musk's government efficiency initiative is to shutter.

What to know:

  • Dogecoin rose over 3% as traders anticipated the launch of Grayscale's DOGE coin ETF.
  • Grayscale's DOGE ETF, trading under the ticker $GDOG, is set to begin trading on NYSE Arca.
  • Cat-themed memecoins outperformed dog-themed coins, with a 4.2% market cap increase compared to 4% for dog-themed coins.
Read full story
Latest Crypto News

DOGE Beats the Blue Chips as D.O.G.E Calls it Quits

ETF Outflows, Stablecoin Flows and DAT Reversals Signal Crypto Capital Flight: NYDIG

State of Crypto: What Congress Has Left to Do This Year

Sunrise Debut Streamlines Solana Token Imports as Monad Goes Live

Bitcoin Rebounds From 'Extreme Oversold' Levels; XRP Jumps 7%, ZEC Surges 14%

Could Stablecoins Spark a New Contagion? BIS Warns, Coinbase Pushes Back

Top Stories

Hobbyist Miner Beats "1 in 180 Million Odds" to Win $265K Bitcoin Block Using Just One Old ASIC

Is Strategy Stock the Preferred Hedge Against Crypto Losses? Tom Lee Thinks So

Turning ‘$11K to Half a Billion Dollars From Trading Memecoins’: Tales From a Crypto Wealth Manager

'Liquidity Crisis': $12B in DeFi Liquidity Sits Idle as 95% of Capital Goes Unused

Coinbase 'Negative Premium' at Widest Level since Q1, Signalling Weak U.S. Demand

Aerodrome Finance Hit by 'Front-End' Attack, Users Urged to Avoid Main Domain

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Stakestone (STO) Soars: Token Surpasses $1.14 After Stunning 367% Rally

Stakestone (STO) Soars: Token Surpasses $1.14 After Stunning 367% Rally

BitcoinWorld Stakestone (STO) Soars: Token Surpasses $1.14 After Stunning 367% Rally In a remarkable display of market momentum, the Stakestone (STO) token has
Share
bitcoinworld2026/04/02 17:10
CME Group to launch Solana and XRP futures options in October

CME Group to launch Solana and XRP futures options in October

The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets.  The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures
Share
BitcoinEthereumNews2025/09/17 23:55
Q2 Market Insights: Bitcoin regains dominance in risk-averse environment, ETFs remain critical to market structure

Q2 Market Insights: Bitcoin regains dominance in risk-averse environment, ETFs remain critical to market structure

The market will show a downward trend in the short term, and then rebound and set new highs in the second half of the year.
Share
PANews2025/04/28 19:40