This is contradicted by Cantor Fitzgerald documents obtained by Wired which said "We’ve already put a trade through representing about ~$10 million of IEEPA Rights and anticipate that number will balloon in the coming weeks".

- https://www.wired.com/story/cantor-fitzgerald-trump-tariff-r...

So we don't really know, someone is lying. I'd prefer to let the congressional investigation play out, but if I had to guess right now I would believe Wired over Cantor Fitzgerald.