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BlackRock receives $100K in seed funding for spot bitcoin ETF

2024-12-24T16:38:00+0800

BlackRock receives $100K in seed funding for spot bitcoin ETF

A Securities and Exchange Commission filing revealed BlackRock (BLK) received $100,000 from a currently unknown seed investor for a proposed spot bitcoin ETF. Many companies, including Fidelity, Invesco, Grayscale, and others are patiently waiting for SEC approval for a spot bitcoin ETF. Bitcoin (BTC-USD) is up more than 20% for the month as sentiment grows bullish for the cryptocurrency on approval hopes. Yahoo Finance Jared Blikre joins the Live show to break down the latest numbers and developments surrounding BlackRock and bitcoin. #youtube #crypto #yahoofinance About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://bit.ly/2LMgloP Instagram: http://bit.ly/2LOpNYz TikTok: https://bit.ly/46MY1Vb Facebook: http://bit.ly/2A9u5Zq LinkedIn: https://bit.ly/46JdSE8

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