BlackRock may buy 10 million dollars of Ethereum as the starting capital of the Ethereum ETF
2024-05-30 11:55:58
BlackRock plans to launch an Ethereum ETF and inject $10 million of Ethereum into the fund as start-up capital. According to the documents filed with the US SEC, BlackRock has raised $10 million through affiliates to purchase seed shares. Each share is priced at $25. It should be noted that the exact Ethereum purchase date is not mentioned in the documents, indicating that there may be additional amendments in the future.
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