BlackRock, the world’s largest asset manager, may make a big move today for the spot Bitcoin ETF it is trying to establish.
January 3 for BlackRock’s spot Bitcoin exchange-traded fund (ETF) Can buy $10 million worth of Bitcoin is considered. It was learned two weeks ago that purchases could be made today to fill the fund.
However, Bloomberg analyst James Seyffart said that the document prepared by BlackRock It is not the final version and has not been approved. And not put into effect he emphasized.
BlackRock’s implementation of this plan does not mean that the SEC will approve the ETF application. Seyffart, that commented:
“It looks like BlackRock *plans* to take action on January 3rd. They seed the ETF with $10 million. But maybe that means BlackRock expects a launch to happen shortly after that?”
January 3 marks the production of the Bitcoin Genesis block. It’s the 15th anniversary is important in terms of
Bitcoin price may drop shortly today as speculation about the future of the ETF continues drop of several thousand dollars showed. During the day, SEC was informed by Matrixport. may not approve any spot Bitcoin ETF applications A statement was made.