IBIT Bitcoin ETF hits record single-day trading volume of $10 billion, but price drops 13%
PANews reported on February 6 that Bloomberg ETF analyst Eric Balchunas stated on the X platform that the iShares Bitcoin Trust ETF (IBIT) broke its daily trading volume record on Thursday, with a turnover reaching 10 billion USD. However, IBIT fell by about 13% that day, marking its second-largest single-day drop since launch. Its largest single-day decline occurred on May 8, 2024, at 15%.
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