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A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor

A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor


CoinDesk
2026-05-31 19:41:51
A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor

NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.

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