BIL Dark Pool Activity
ATS off-exchange volume intelligence · Week of 2026-07-20
BIL dark pool volume for the week of 2026-07-20: 4.4M shares traded across 24 ATS venues with a total notional value of $399.5M. Volume is down 53.3% week-over-week. Off-exchange dark pool transactions account for 9.4% of total BIL market volume — within the normal institutional baseline range. Primary routing venues include , INSTINCT X, CROSSSTREAM.
Dark pool activity in BIL reflects institutional order flow executing on Alternative Trading Systems (ATS) registered with the SEC — private venues where large-block trades are matched away from public exchanges to minimize price impact. StonkWhisper ingests FINRA-published ATS volume data to track these off-exchange flows. Sustained elevation in dark pool percentage — particularly when concentrated at specific venues — can indicate institutional accumulation or distribution ahead of significant price moves. The interactive charts below show 12-week historical volume and complete venue breakdown for BIL.
Weekly History
| Week | Shares | DP % | WoW |
|---|---|---|---|
| 2026-07-20 | 4.4M | 9.4% | -53.3% |
| 2026-07-13 | 9.3M | 20.1% | +19.2% |
| 2026-07-06 | 7.8M | — | +10.8% |
| 2026-06-29 | 7.1M | — | +16.7% |
| 2026-06-22 | 6.1M | — | +12.8% |
| 2026-06-15 | 5.4M | — | -23.2% |
| 2026-06-08 | 7.0M | — | -7.6% |
| 2026-06-01 | 7.6M | 13.1% | +53.6% |
| 2026-05-25 | 4.9M | — | -30.7% |
| 2026-05-18 | 7.1M | 12.3% | +36.2% |
| 2026-05-11 | 5.2M | — | +10.6% |
| 2026-05-04 | 4.7M | — | -31.5% |