BlackRock’s IBIT Sees $1.3 Billion Dark Pool Sale as ETF Outflows Deepen
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
A significant dark pool sale of BlackRock's IBIT has been reported, with the amount sold estimated to be around $1.3 billion, although one outlet suggests the outflow may be lower, at $527 million. The sale is part of deeper outflows from ETFs, with bitcoin's price reportedly dropping in response. The exact implications of the sale are unclear, with some outlets noting that the bitcoin price did not crash despite the large transaction.
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