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

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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 == — Facebook: https://www.facebook.com/yahoofinance — X/Twitter: https://x.com/YahooFinance — Instagram: https://www.instagram.com/yahoofinance/ — TikTok: https://www.tiktok.com/@yahoofinance — LinkedIn: https://www.linkedin.com/company/yahoo-finance

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