BlackRock may purchase $10 million of Ethereum as start-up capital for Ethereum ETF
BlackRock plans to launch an Ethereum ETF and has invested $10 million in Ethereum as startup capital for the fund. According to documents submitted to the US SEC, BlackRock has raised $10 million through its subsidiary to purchase seed shares at a price of $25 per share. It should be noted that the exact date of Ethereum purchase is not mentioned in the documents, indicating that there may be additional revised documents in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
With $18M Raised, Qubetics Joins Aptos’ Scalability and Toncoin’s Privacy as Top Cryptos to Join for 2025
Explore the latest developments and potential of Qubetics, Aptos, and Toncoin for 2025. Learn why these top cryptos are poised to dominate the market.Qubetics: Redefining Web3 with True Blockchain IntegrationAptos (APT) Sees 3.51% Increase, Market Cap Reaches $2.97 BillionToncoin (TON) Price Rises 1.96%, Market Cap Reaches $7.44 BillionConclusion: Why Qubetics, Aptos, and Toncoin Are the Top Cryptos to Join for 2025

Ethereum’s ETH Primed for Massive Breakout 📈
With >81% potential to $4,811 and an upside to $8,557, Ethereum shows strong consolidation signals—could ETH soar next?First Target: $4,811.71Extended Rally to $8,557.68Summary

France Eyes Bitcoin Mining to Harness Nuclear Energy Surplus
France exploring Bitcoin mining to convert €80M in wasted nuclear energy into grid assets and innovation. Learn more here.Stabilizing the Grid with Smart Crypto DemandDriving Innovation and Economic Growth

Dow, S&P 500, Nasdaq rise on relief over Israel, Iran
Trending news
MoreCrypto prices
More








