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.
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