Leading asset manager and Bitcoin spot ETF issuer BlackRock recorded its highest single-day trading volume on Wednesday as US demands hit a fever pitch.

The US Bitcoin spot ETFs saw a face-melting trader engagement on Wednesday following Bitcoin’s push to new highs. For context, the premier asset surged past $76,000 to unprecedented values following news that pro-crypto presidential candidate Donald Trump had won the November 5 elections.

Bloomberg’s senior analyst Eric Balchunas confirmed the trading frenzy after the US market opened on Wednesday. In a tweet, he stated that trading volumes on BlackRock’s iShares Bitcoin Trust (IBIT) surged past $1 billion after 20 minutes of trading, surpassing its average full-day performance.

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