BlackRock Bitcoin ETF Absorbs $1.3 Billion Block Trade Without Major Price Impact

Share

BlackRocks spot Bitcoin ETF, IBIT, experienced a massive single block trade on May 26 after approximately $1.3 billion worth of shares changed hands in one transaction. Despite briefly shaking market sentiment, the ETF price quickly stabilized, showing strong market liquidity and investor confidence in the Bitcoin ETF sector.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles