[Analyst: IBIT Executes a Block Trade Worth Approximately $1.3 Billion, BTC Price Unaffected] Bloomberg ETF analyst Eric Balchunas posted on the X platform, stating that IBIT executed a 29 million share trade at 10:30 AM Eastern Time today, valued at approximately $1.3 billion. From the day's IBIT trading volume distribution, this trade was significantly larger than others. The IBIT price was not noticeably affected on the day, and the market absorbed it well.