NYDIG Says $1.3 Billion IBIT Trade Reveals Urgent Bitcoin ETF Exit
NYDIG says a $1.26 billion off-exchange sale of BlackRock’s spot Bitcoin ETF, IBIT, was most probably a big directional holder exiting quick, relatively than a basis-trade unwind. The May 26 block commerce stood out not just for its dimension, however for the $29.5 million low cost the vendor accepted to maneuver the place instantly. In…
