BlackRock's iShares Bitcoin Premium Yield ETF (BITA) achieved a trading volume of $13 million in its first two days on the market, according to Bloomberg ETF analyst Eric Balchunas. The ETF saw $6 million in trading on its first day and $7 million on the second, placing it in the top 1% of ETF launches by trading volume. Despite this strong start, Balchunas noted that BITA's performance still trails behind the iShares Bitcoin Trust (IBIT). He anticipates that BITA will attract significant assets over time, although the current market conditions may slow this process.