IBIT Executes $1.3 Billion Block Trade of 29M Shares Today, Price Unaffected

IBIT-0.34%
According to Bloomberg analyst Eric Balchunas, IBIT executed a block trade of 29 million shares worth approximately $1.3 billion today (May 27) at 10:30 AM ET. The trade size significantly exceeded other daily transactions, but the asset's price showed no material impact, indicating strong market absorption.
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