The post BlackRock’s Bitcoin ETF Gets Seed Funding and SEC Approval Soon! appeared first on Coinpedia Fintech News
BlackRock has disclosed that it received $100,000 in “seed capital” for its proposed bitcoin exchange-traded fund (ETF). The investment was made by an unnamed investor who agreed to purchase 4,000 shares at a price of $25 each on October 27, 2023. This funding will be used to create the underlying units for the ETF, allowing …