BlackRock’s iShares Bitcoin Trust (IBIT) logged its largest daily trading volume on Wednesday, U.S. presidential election day, which saw pro-crypto Republican candidate Donald Trump reclaim the White House.

“For context, that's more volume than stocks like Berkshire, Netflix or Visa saw today,” Bloomberg Senior ETF Analyst Eric Balchunas commented on X. The ETF analyst reported earlier that IBIT had experienced $1 billion in trading volume in the first 20 minutes of trading on the day following Trump’s win.