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cryptonews 2023-12-25 06:00:32

BlackRock to Inject $10 Million Into Seed Fund for Upcoming Spot Bitcoin ETF

Source: DALL·E BlackRock plans to invest $10 million into a seed fund for its proposed spot Bitcoin exchange-traded fund (ETF). This financial commitment is part of the firm’s preparations for the ETF’s anticipated launch, pending regulatory approval from the Securities and Exchange Commission (SEC). According to Bloomberg Intelligence ETF analyst James Seyffart, the world’s largest The post BlackRock to Inject $10 Million Into Seed Fund for Upcoming Spot Bitcoin ETF appeared first on Cryptonews .

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