BlackRock may soon contribute seed funding to its iShares spot Bitcoin (BTC) exchange-traded fund (ETF), according to Bloomberg analyst Eric Balchunas Oct. 23. Balchunas noted that recent filings suggest that BlackRock intends to contribute seed funding at an unspecified date in October. He further explained that ETF seeding occurs when an entity purchases a limited amount […]
The post BlackRock could ‘seed’ spot Bitcoin ETF by the end of October, filing suggests appeared first on CryptoSlate.
Originally appeared here:
BlackRock could ‘seed’ spot Bitcoin ETF by the end of October, filing suggests