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<ul class="news-points">
 <li>James Seyffart clarified the assumptions surrounding Blackrock’s $10 million seeding in the Bitcoin ETF.&nbsp;</li>
 <li>He argued that Blackrock follows a pattern in its ETF endeavors, typically initially seeding $5 million to $10 million.</li>
 <li>He added that this is followed by hundreds of millions or even a billion dollars, usually a few hours after the launch of the ETF.</li>
</ul>
Discover Crypto YouTube channel host and Bloomberg ETF analyst James Seyffart has <a href="https://youtu.be/nBCVV8p4uL4?t=170" target="_blank" rel="noopener noreferrer nofollow">elaborated</a> on the involvement of prominent asset manager Blackrock in potential Bitcoin accumulation ahead of the upcoming Bitcoin spot ETF approval.&nbsp;
The conversation is grounded in the speculation that BlackRock would seed $10 million in Bitcoin, stirring varied sentiments within the crypto community. As a result, the YouTube channel <a href="https://www.youtube.com/watch?t=170&amp;v=nBCVV8p4uL4" target="_blank" rel="noopener noreferrer nofollow">host</a> questioned whether clandestine buys were occurring in the background.
Bloomberg ETF analyst James Seyffart clarified the assumptions surrounding Blackrock’s $10 million seeding in the Bitcoin ETF. He argued that Blackrock seems to follow a pattern in its ETF endeavors.
Drawing parallels with BlackRock’s past practices, the analyst highlighted that the firm typically seeds within an ini…
The post <a href="https://coinedition.com/blackrock-could-seed-1b-btc-hours-after-etf-launch-expert/" rel="noopener noreferrer nofollow">BlackRock Could Seed $1B BTC Hours after ETF Launch: Expert</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

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

Coin Edition

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