diff --git a/CHANGELOG.md b/CHANGELOG.md
index fb0cab7..df9feb7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 # Changelog
 
+## 0.43.1 - TBD
+
+#### Bug fixes
+- Fixed an issue where validating the checksum of a batch file loaded the entire file into memory
+
 ## 0.43.0 - 2024-10-09
 
 This release drops support for Python 3.8 which has reached end-of-life.
diff --git a/databento/historical/api/batch.py b/databento/historical/api/batch.py
index 47f4d57..223520c 100644
--- a/databento/historical/api/batch.py
+++ b/databento/historical/api/batch.py
@@ -431,7 +431,11 @@ def _download_batch_file(
         hash_algo, _, hash_hex = batch_download_file.hash_str.partition(":")
 
         if hash_algo == "sha256":
-            output_hash = hashlib.sha256(output_path.read_bytes())
+            output_hash = hashlib.new(hash_algo)
+            with open(output_path, "rb") as fd:
+                while chunk := fd.read(32_000_000):
+                    output_hash.update(chunk)
+
             if output_hash.hexdigest() != hash_hex:
                 warn_msg = f"Downloaded file failed checksum validation: {output_path.name}"
                 logger.warning(warn_msg)