IBIT sees a $1.3 billion block trade, BTC price remains unaffected Bloomberg ETF analyst Eric Balchunas posted that at 10:30 AM ET today, IBIT executed a block trade worth approximately $1.3 billion, involving 29 million shares. This far exceeds the size of other single trades for the day, but the IBIT price remained largely unaffected, with the market absorbing it well.