BlackRock may purchase $10 million of Ethereum as start-up capital for Ethereum ETF
BlackRock plans to launch an Ethereum ETF and has invested $10 million in Ethereum as startup capital for the fund. According to documents submitted to the US SEC, BlackRock has raised $10 million through its subsidiary to purchase seed shares at a price of $25 per share. It should be noted that the exact date of Ethereum purchase is not mentioned in the documents, indicating that there may be additional revised documents in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hamster Kombat NFT Game Bans +2.3M Users For Cheating – Recovers 6.5 Tokens From These Users
Cathie Wood's Ark Invest offloads another $2.8 million worth of its own spot Bitcoin ETF
Ark Invest offloaded 44,609 ARKB spot Bitcoin ETF shares on Monday, worth $2.8 million, as the investment firm rebalanced its fund weightings.The Cathie Wood-led firm has sold a total of $17.5 million in ARKB shares from its ARKW fund but still holds $139.7 million of the spot Bitcoin ETF.
Harris Support for Bitcoin (BTC) and Cryptocurrencies Shelved! Sources Explained: "Don't Expect Too Much!"
A person with knowledge said Kamala Harris should not be expected to announce any more cryptocurrency announcements as the election approaches.
Robert Kiyosaki Makes Another Bold Bitcoin Prediction