BlackRock's IBIT Records $10B Single-Day Trading Volume with $60M Net Redemptions

BlackRock's IBIT registered $10B in trading volume on one day last week while net redemptions totaled only $60M, according to a discussion involving Robert Baggs and BlackRock's Jay Jacobs. In the conversation highlighted by @gazza_jenks, Jacobs said that even with these figures, "we're still early in the journey" for the product.