BlackRock Bitcoin ETF Trading Volume Reaches Record High

HappyCoinNews2024/11/07 18:22

By:HappyCoinNews

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

On November 6, during the rise in the Bitcoin exchange rate, the trading volume of BTC- ETF from BlackRock reached a record high.

IBIT [iShares Bitcoin Trust] set a record for trading volume, reaching $4,1 billion in a single day… For context, that’s more than the value of shares traded by companies like Berkshire, Netflix, and Visa.

The derivative's shares also increased in value by 10%, the second highest since the fund was launched [in January 2024], said analyst ETF Eric Balchunas.

BlackRock Bitcoin ETF Trading Volume Reaches Record High image 0

Change in trading volume of iShares units Bitcoin Trust

On Wednesday, the total trading volume of US stocks bitcoin ETF also rose to an all-time high of $6 billion, as the value of shares sold in most derivatives doubled their average, with IBIT accounting for more than two-thirds of the funds' units purchased.

November 6 issuers bitcoin ETF fixed capital inflow of $621,9 million. In exchange for the issued shares, companies are buying on the BTC market, so the growth in the level of capitalization of funds spurred an upward movement in the cryptocurrency market, during which the coin rate updated the record level at $76. But then a correction began, as a result of which the digital asset fell in price by 485%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Meta's recent changes to Instagram and Facebook currently apply only to users in the United States. These include restrictions on the amount of time young users can spend on the apps, as well as limits on disabling safety settings. These changes are part of a series of landmark settlement agreements aimed at addressing allegations that the social media networks pose safety risks to children, and could cost the company up to $18 billion.

智通财经•2026/08/27 10:56

Meta (META.US) teen protection measures only cover US users, global regulatory replication risks emerge

Bilibili Q2 Net Profit Surges 55%, Advertising Becomes Growth Engine, Gross Margin Improves for 16 Consecutive Quarters | Earnings Report Insights

Bilibili's Q2 revenue reached 7.94 billion yuan, an 8% year-on-year increase, with a net profit of 339 million yuan, up 55% year-on-year. Advertising revenue rose to 3.13 billion yuan, a 28% year-on-year increase, making it the primary growth engine; game revenue declined by 14% due to a high comparison base. Gross profit margin improved for the 16th consecutive quarter to 37.2%, and operating profit grew by 48%. Daily active users (DAU) reached 116.5 million, with an average daily usage time of 113 minutes.

华尔街见闻•2026/08/27 10:51

Sticky inflation supports the US dollar, but US Treasury repo suppresses yields; gold hovers around 4600 awaiting Jackson Hole's "tone-setting"

汇通财经•2026/08/27 10:35