Invesco QQQ Trust sees record trading volume of approximately $80 billion amid tech selloff

The Nasdaq-100 tracker and a triple-leveraged chip fund both set all-time volume highs as tech stocks slid When markets panic, traders don’t just sell. They sell in bulk, and they reach for the biggest, most liquid tools they can find. On November 5, 2026, that tool was the Invesco QQQ Trust. The Nasdaq-100 tracker saw approximately $80 billion in trading volume, the highest figure in its 27-year history. It wasn’t alone. The Direxion Daily Semiconductor Bull 3X Shares, better known by its ticker SOXL, also hit a record, with roughly $25 billion changing hands in a single session. A very loud day on Wall Street The volume spike landed during a sharp drop in tech stocks. At its worst point in the session, the Nasdaq-100 was down as much as 5.9%. That intraday slide erased more than $2 trillion in market capitalization. QQQ is the default vehicle for anyone who wants exposure to the Nasdaq-100 in one trade. When big money wants out of tech quickly, or wants to hedge its tech holdings, QQQ is usually the first door it heads for. SOXL aims to deliver three times the daily move of a semiconductor index, which means a bad day for chip stocks becomes a much worse day for SOXL holders. The...