IBIT
Bitcoin absorbs $1.3 billion BlackRock ETF block trade
በAI የተዘገበ በ AI የተሰራ ምስል
A single block trade of 29.2 million shares in BlackRock’s IBIT Bitcoin ETF crossed at $43.16 for roughly $1.26 billion on May 27. The transaction produced almost no price movement in either the ETF or Bitcoin itself. Market participants absorbed the sale through organized liquidity channels without disorderly repricing.
A $1.26 billion block trade in BlackRock’s iShares Bitcoin Trust occurred on May 26. The transaction involved 29.21 million shares sold at a discount.
በAI የተዘገበ
In his latest annual letter, BlackRock CEO Larry Fink has called for a fundamental rethink of the retirement age in America, sparking a policy debate. This comes amid record trading in the firm's Bitcoin ETF and plans for closed-end fund mergers. Investors are watching how these developments influence BlackRock's stock and broader financial strategies.