BlackRock is expected to inject $10 million in seed capital into the spot Bitcoin ETF on January 3

2023/12/23 03:35

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Bloomberg analyst Eric Balchunas tweeted that BlackRock expects to inject $10 million in seed capital into its spot Bitcoin ETF (code IBIT) on January 3.

Bitget Note: Seed capital represents initial funds, which allows the ETF to provide funds for the creation units of the ETF so that stocks can be sold and traded on the open m arket.

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BlackRock is expected to inject $10 million in seed capital into the spot Bitcoin ETF on January 3

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