BlackRock IBIT's single-day trading volume reaches $10 billion, setting a new record, with prices falling by 13%

CycleProphet · 2026-02-06T02:46:34+00:00

Bloomberg analyst Eric Balchunas reports that BlackRock's spot Bitcoin fund IBIT hit a $10 billion trading volume when BTC prices declined, with a 13% drop in price and a net outflow of $373.4 million, indicating investors are at a loss.

CycleProphet

2026-02-06 02:46:34

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Deep潮 TechFlow News, February 6 — According to Cointelegraph, Bloomberg senior ETF analyst Eric Balchunas posted on X that BlackRock’s spot Bitcoin exchange-traded fund iShares Bitcoin Trust (IBIT) set a new single-day trading volume record of $10 billion as BTC prices declined. However, IBIT’s price dropped 13% on that day, marking the second-largest single-day decline since the fund’s launch. It is reported that IBIT experienced $374.3 million in net outflows on Wednesday, and since the crypto market downturn in early October, the fund has not maintained continuous inflows. Additionally, Unlimited Funds investment chief Bob Elliott disclosed that as of today’s close, the average USD funds invested in IBIT are in loss. Trader Peter Brandt believes that BTC shows signs of “active selling fingerprints” with few buyers supporting the price.

BTC4,4%

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