In brief – A $1.3 billion block of BlackRock’s IBIT was traded in a dark pool sale Tuesday, one of the largest since the launch of U.S. spot Bitcoin ETFs. – Though Bitcoin held steady on a higher timeframe, a closer look shows it shed nearly 1.4% around the time of the…
ansaction. – Myriad users reduced bullish expectations, putting a 69% chance on Bitcoin hitting $84,000 next, down from last Monday’s 79%. A $1.3 billion block of BlackRock’s iShares Bitcoin Trust (IBIT) shares changed hands in a dark pool Tuesday morning, marking one of the largest off-exchange Bitcoin ETF transactions since the products launched 15 months ago
The nearly 29 million shares were executed at 10:30 a.m. ET, dwarfing all other trades of the session. The sale came as U.S. spot Bitcoin ETFs extended their outflow streak, with IBIT facing $192.4 million in net redemptions on Tuesday, per SoSoValue data.
Confirmed.. 29 million share trade ($1.3b) of $IBIT executed at 1030am this morning. This screen shows all the IBIT trades today by size and you can see one of these is not like the others. Price unchanged today so mkt absorbed it well. https://t.co/Otew0DWa3F pic. — Eric Balchunas (@EricBalchunas) May 26, 2026 Across all spot Bitcoin ETFs, the week’s total net outflows stood at $334 million as of Tuesday, following two consecutive weeks of $1 billion and $1.26 billion in redemptions.