LATEST: BlackRock’s Bitcoin ETF Records Biggest Trading Volume Day at $4.1 Billion

BlackRock’s iShares Bitcoin Trust (IBIT) ETF marked a historic trading day, registering a record $4.1 billion in volume on November 6, the day following Donald Trump’s presidential election win. Surpassing major companies like Berkshire Hathaway, Netflix, and Visa in daily trading volume, IBIT soared by 10%, making it one of its best performance days since launch. The ETF’s unprecedented activity aligns with a significant rally in Bitcoin prices, which achieved a new peak at $76,500. This surge underscores a growing investor confidence boosted by Trump’s crypto-friendly stance, further fueling optimism in the cryptocurrency market.

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