- BlackRock’s IBIT ETF now ranks among the top five traded.
- Surging volume signals rising trust in regulated crypto exposure.
- Bitcoin faces strong resistance, key breakout could shift momentum.
BlackRock’s Bitcoin ETF saw over $1.11 billion in trading volume as of 11:28 a.m. ET. This placed IBIT ahead of all Vanguard ETFs in terms of trading activity for the day.
The ETF even surpassed heavyweights like Vanguard’s S&P 500 ETF (VOO) and Total Stock Market ETF (VTI). IBIT also recorded more volume than well-known funds such as the Gold SPDR (GLD) and iShares 20+ Year Treasury Bond ETF (TLT).
IBIT’s daily price rose by 1.27%, reflecting not just strong demand but growing investor confidence in crypto-backed financial products. As institutional and retail investors seek regulated exposure to Bitcoin, funds like IBIT are rapidly gaining traction.
Momentum Grows for Crypto Investment Vehicles
The ETF landscape remains competitive, with SPDR S&P 500 ETF (SPY), Invesco’s QQQ, and iShares’ IWM occupying the top three volume positions. Despite that, IBIT’s rise into the top five is notable and signals a major shift in trading interest.
$IBIT, BlackRock’s Bitcoin ETF, is #5 most traded ETF today ✅👇
Ahead of all @Vanguard_Group ETFs 👇 pic.twitter.com/5ZgfMPupyK
— HODL15Capital 🇺🇸 (@HODL15Capital) July 28, 2025
This development marks a milestone for the digital asset space. It highlights a shift toward mainstream adoption of crypto through regulated investment channels. BlackRock’s presence in the market adds further legitimacy to Bitcoin as a tradable asset class within traditional finance.
As ETF markets evolve, IBIT’s performance may signal broader acceptance and continued growth for crypto-linked investment products.
Bitcoin Stalls Below Key Resistance Level
At the time of writing, the BTC price is trading at $117,947, reflecting a modest intraday dip of 0.22%. Bitcoin recently faced resistance near the $120,000 mark but failed to maintain momentum above this level.
Price action indicates that bulls have made several attempts to break this barrier, but sellers have always intervened in the same area. The $118 000 region seems to be a pivotal psychology as well.
On the 4-h chart, the relative strength index (RSI) shows up as 47.58, which is neutral momentum.
In the process, the Moving Average Convergence Divergence (MACD) indicator is now displaying a modest bearish crossing.
The MACD line has gone down below the signal line, and the green histogram bars are weak. This is an indication of slowing down, and the downside risks are increasing, when the momentum cannot regain its strength.
Price is still moving within a range of $116,000 to $120,000, which forms a horizontal structure. A decisive break over $120,000 may propel this into a short-term move toward $123,500. Conversely, if $116,000 support fails to hold, bears may drag BTC toward the $112,500 region.
In conclusion, the increasing interest in crypto assets of investors is represented by the fact that BlackRock IBIT ETF experienced a massive increase in volume. The direction in the market situation changes when breaking a resistance zone or maintaining its essential support when it comes to Bitcoin trading at strategically important levels.
