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The real story behind BlackRock’s huge $1.29B bitcoin ETF sale

visibility comment0 event May 27, 2026 timer 13:18

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#bitcoin #blackrock #crypto
A massive $1.29 billion sale of BlackRock’s iShares Bitcoin Trust (IBIT) triggered headlines across financial media, but according to Scott Melker, most outlets completely missed the actual story. In this episode of The Daily Wolf, Melker explains why bitcoin’s price barely moved despite what became the largest institutional bitcoin ETF sale ever recorded. The key detail? The sale happened through a dark pool transaction, meaning there was a massive buyer quietly sitting on the other side of the trade.

Chapters
00:00 The $1.29 billion bitcoin ETF sale explained
01:23 Why the media got the story wrong
02:03 What dark pool trading actually means
03:08 Why bitcoin barely moved after the sale
04:16 What institutional buyers may be signaling
05:40 Trump backs prediction markets and crypto
10:02 Tom Lee loads up on Ethereum
11:10 Crypto treasury firms join major indexes
#investing #wallstreet #markets #ethereum #finance #etf #yahoofinance
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— LinkedIn: https://www.linkedin.com/company/yahoo-finance

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