Bitcoin dives, but the BlackRock ETF shines with record volumes of $10 billion

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Bitcoin dives, but the BlackRock ETF shines with record volumes of $10 billion

Fri 06 Feb 2026 ▪ 6 min read ▪ by Mikaia A.

Get informed ▪ bitcoin (BTC)

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Bitcoin is going through a period of turbulence. After hovering around historic highs, it dangerously approaches the $60,000 limit, a symbolic barrier that worries investors. While the cryptocurrency market destabilizes, a glimmer of hope emerges: the BlackRock Bitcoin ETF, recording record volumes of $10 billion in a single day, proves to be a solid product even in the storm.



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In summary

Bitcoin falls 13%, dropping below $70,000, marking a crisis of confidence in the crypto sphere.

The BlackRock ETF records a record volume of $10 billion, attracting the attention of institutional investors.

Mass redemptions and concentration of put options signal the capitulation of investors.

Despite the drop, the Bitcoin ETF remains a preferred product for those seeking regulated exposure to the cryptocurrency.

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