BlackRock Bitcoin ETF Sets New Record for Trading Volume Amid Market Crash

Friday, Feb 6, 2026 3:08 pm ET1min read
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BlackRock's Bitcoin ETF has hit a record $10bn in trading volume as investors scramble to exit the market amid a 20% drop in Bitcoin's value. The trading action was mostly from selling, with over $434m exiting US-based crypto funds on Thursday, led by BlackRock and Fidelity. The cryptocurrency market's losses have wiped out all gains since President Donald Trump's election in 2024.

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