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Cryptonian

10/24 06:28

💥BREAKING: BlackRock bought #Bitcoin 

💥BREAKING: BlackRock bought #Bitcoin   

BlackRock told the SEC it will buy bitcoin to fund its Bitcoin ETF in October in preparation for approval.

Blackrock will begin seeding its ETF.

Seeding an ETF is to obtain capital, to buy creation units for the ETF, in this case creation units are #bitcoin    off the market.

The capital raised is converted into the underlying asset on the day the ETF launches 🚀 

This is confirmation of ETF approval & Blackrock buying #bitcoin   20231024_115746.jpg

#UNI surges, is DeFi boom coming?#Split 500U: Share your unfortunate encounters#Which Cryptocurrency Best Represents You
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