Data disclosed by Bloomberg senior ETF analyst Eric Balchunas shows that the spot Bitcoin ETF IBIT, owned by BlackRock, the world's largest asset management company, has an average of 250,000 transactions per day, with an average transaction size of 326 shares, approximately US$13,000, which shows that these Transactions are conducted by non-professional investors. BlackRock declined to comment on the matter. But a person familiar with the matter said most of the flows did appear to be driven by retail investors. (CoinDesk)