Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

$1.3B BlackRock Bitcoin ETF sale triggers 2.8% BTC drop amid US-Iran tensions and ETF outflows

Market News
27 May 2026
Blockonomi
View Source
Bearish
pluang ai news

An institutional investor sold $1.3 billion worth of BlackRock's iShares Bitcoin Trust (IBIT) shares through a dark pool, marking the largest such trade on record. This triggered a 2.8% drop in Bitcoin prices within 12 hours, hitting a low of $75,600. The sale coincides with escalating US-Iran military tensions and ongoing withdrawals from Bitcoin ETFs in the US, which have seen over $2 billion exit since mid-May. Market analysts highlight that Bitcoin needs to break above $79,000 to regain bullish momentum, while failure to hold $75,000 could lead to further declines. The geopolitical instability and ETF outflows are contributing to heightened market volatility and cautious institutional sentiment toward Bitcoin investments.

More News

Verra Mobility stock plunges 41% after Avis Budget cancels contract ending Sept 2026

Verra Mobility stock plunges 41% after Avis Budget cancels contract ending Sept 2026

Verra Mobility shares dropped 41.2% in after-hours trading following Avis Budget Group's termination of their contract effective September 2026. This contract loss could reduce Verra's annual Commercial Services revenue by $135-$145 million and segme...

Market News
Bearish
27 minutes ago
Netcapital stock jumps 19.6% after hours ahead of CEO-led business update call

Netcapital stock jumps 19.6% after hours ahead of CEO-led business update call

Netcapital Inc. shares surged 19.63% in after-hours trading following the announcement of a business update conference call scheduled for Thursday. The new CEO, Todd Violette, will discuss the company's transformation, priorities, and plans to grow i...

Market News
Bullish
53 minutes ago
ISS wins 7-year contract to provide 25,000 daily school meals in West Sussex, UK

ISS wins 7-year contract to provide 25,000 daily school meals in West Sussex, UK

ISS has secured a seven-year contract with West Sussex County Council to deliver around 25,000 nutritious school meals daily to primary schools starting Q3 2026. The contract, valued at about DKK 100 million annually, emphasizes inclusivity and high ...

Market News
Bullish
2 hours ago
TGS wins major 4D streamer contract offshore Angola, starting July 2026 for 8 months.

TGS wins major 4D streamer contract offshore Angola, starting July 2026 for 8 months.

TGS ASA has secured a large 4D streamer contract offshore Angola, set to begin data acquisition in early July 2026 and last about eight months. This contract strengthens TGS's strategic presence in Africa and ensures vessel utilization into early 202...

Market News
Bullish
2 hours ago
Roche launches Liver Disease Panel, a certified algorithm suite for early chronic liver disease detection and management.

Roche launches Liver Disease Panel, a certified algorithm suite for early chronic liver disease detection and management.

Roche has introduced the Liver Disease Panel, the first comprehensive set of certified algorithms designed to improve the detection and management of chronic liver disease (CLD). This panel includes LiverPRO, an algorithm that uses routine blood mark...

Others
Bullish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App