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$1.29B block trade in Blackrock Bitcoin ETF highlights strong institutional activity amid stable Bitcoin price

Market News
26 May 2026
Bitcoin
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Neutral
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A $1.29 billion dark pool block trade in Blackrock's Ishares Bitcoin Trust (IBIT) occurred on May 26, 2026, marking the largest single institutional bitcoin ETF trade on record. The trade involved roughly 16,400 BTC and was executed without disrupting Bitcoin's price, which remained above $75,000. This transaction may represent portfolio rebalancing or a shift between institutional holders, with official ETF flow data expected to clarify its impact. Despite the large sell-side trade, IBIT closed slightly higher, indicating strong liquidity and institutional confidence in the fund.

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