Bitcoin ETF

Bitcoin

Million

Foundation

Spot

While the cryptocurrency market and investors were focused on the SEC's spot Bitcoin ETF decision, a new development occurred. 
According to the latest information at this point, the companies that applied for ETFs, BlackRock, İnvesco Galaxy, Valkyrie, VanEck, ARK and WisdomTree, have updated their spot Bitcoin ETF applications. 
Related News: <a href="https://en.bitcoinsistemi.com/breaking-blackrock-and-many-companies-updated-their-bitcoin-spot-etf-application/" target="_blank" rel="dofollow">BREAKING: BlackRock and Many Companies Updated Their Bitcoin Spot ETF Application!</a> 
BlackRock, the world's largest asset manager, announced in its filing with the SEC that it has set a 0.30% fee for its spot Bitcoin ETF. 
BlackRock also purchased $10 million of BTC to fund its spot Bitcoin ETF, according to the form filed with the SEC. 
Accordingly, BlackRock purchased a total of 227.90 BTC (worth $10 million) on Friday, January 5, to raise seed financing for its spot Bitcoin ETF product. 
<blockquote> 
 “…… The Foundation's total revenue from the sale of the Seed Creation Baskets was $10,000,000. 
 On January 5, 2024, the Foundation purchased 227.90250 Bitcoins with proceeds from Seed Creation Baskets using the Prime Execution Agent.” 
</blockquote> 
<img decoding="async" class="alignnone size-full wp-image-131159" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/01/Ekran-Resmi-2024-01-08-14.29.56.png" alt="" width="1416" height="471"> 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/blackrock-purchased-10-million-btc-for-spot-bitcoin-etf/">BlackRock Purchased $10 Million BTC for Spot Bitcoin ETF!</a>

BlackRock Purchased $10 Million BTC for Spot Bitcoin ETF!

Bitcoin Sistemi EN

Other articles published on Jan 8, 2024

BlackRock Could Seed $1B BTC Hours after ETF Launch: Expert

Kaiko: Market was wobbling before last week’s flash crash

Aptos Price Continues Bleeding! Where Is APT Price Heading Next?

2024’s Must-Have Cryptos: Investments You’ll Wish You Made

Starknet community approves STRK for transaction fees

Why Is The Crypto Market Down Today?

Join our free newsletter for daily crypto updates!