[Bloomberg Analyst: Anti-Fiat Depreciation Trades Prevail, BlackRock's IBIT and Gold ETF Both Ranked in Top 10 for Trading Volume Yesterday] Bloomberg Senior ETF Analyst Eric Balchunas pointed out that BlackRock's spot Bitcoin ETF (IBIT) and the SPDR Gold ETF (GLD) both ranked among the top 10 ETFs in trading volume on Thursday (October 2). He described this as a 'rare phenomenon.' Balchunas believes this indicates that investors are actively flocking to 'hard assets' that can resist fiat currency depreciation. Data shows that GLD's trading volume yesterday was $4.88 billion, ranking fourth, while IBIT's trading volume was $3.21 billion, ranking seventh.