Bitcoin : The sale of 1.26 billion IBIT would be the work of a single investor
The sale of a 1.26 billion dollar IBIT block has revived questions around flows related to spot ETFs. According to NYDIG's analysis, the transaction on BlackRock's iShares Bitcoin Trust could come from a large investor wishing to exit their exposure quickly. The block, traded over the counter on May 26, is mainly intriguing because of its amount, discount, and the absence of clear signals on futures contracts.
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