Why did the IBIT ETF set a $10B volume record today?

Volume spiked because Bitcoin sold off sharply, which forced position changes across the ecosystem. Investors used the IBIT ETF to hedge, de-risk, or rotate, concentrating turnover around the open and the intraday lows. Such days often reflect capitulation, when sellers hit bids and liquidity providers recycle risk. Record activity can also attract tactical buyers who scale in as volatility begins to cool.

Does a record IBIT volume day mean a price bottom is in?

A record day can mark late-stage selling, but it is not proof of a bottom. We look for confirmation, like moderating ETF outflows, a less extreme put skew, and a reclaim of key intraday levels such as VWAP. If these improve while ranges compress, probabilities favor base-building. If flows stay stressed and price loses support again, the downtrend can resume.

How should US investors trade the IBIT ETF during a Bitcoin price crash?

Keep sizes smaller, scale into liquidity, and use firm risk limits. For entries, wait for reclaimed levels and lighter selling pressure. Consider staggered buy levels to reduce slippage. If you trade options, define risk with spreads instead of naked positions. Longer-term investors can dollar-cost average, but only within a capped allocation and a pre-set maximum drawdown threshold.

What signals matter most after today’s IBIT volume record?

Focus on creations and redemptions across spot Bitcoin ETFs, intraday volume profiles, and options skew. Watch if price holds above reclaimed reference points like VWAP and prior value areas. Improving breadth in crypto-linked equities adds confirmation. If outflows cool and volatility compresses, bounces can sustain. If redemptions stay heavy and skew remains defensive, risk of another leg lower rises.

Global Market Insights

IBIT Stock Today: February 06 — $10B Record Volume on BTC Rout

ByHuzaifa Zahoor February 6, 2026February 6, 2026

The IBIT ETF is front and center today as BlackRock’s iShares Bitcoin Trust (IBIT) set a single-day volume record above $10 billion during a sharp Bitcoin selloff. Traders flagged heavy put demand and notable spot ETF redemptions, classic signs of capitulation. For US investors, the mix of record turnover and a Bitcoin (BTCUSD) slide can add near-term volatility but may also build a base for a rebound. Below, we break down what the IBIT volume record and price action mean and how to trade the setup.