Analysts: IBIT saw a single block trade of approximately $1.3 billion, but the price of BTC remained largely unaffected.

CoinFeed reported on May 27th that Bloomberg ETF analyst Eric Balchunas stated on the X platform that IBIT executed a trade of 29 million shares at 10:30 AM ET today, worth approximately $1.3 billion. Looking at the day's IBIT trading volume distribution, this trade was significantly larger than other trades. IBIT's price was not significantly affected that day, indicating good market digestion.