Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
BlackRock may purchase $10 million of Ethereum as start-up capital for Ethereum ETF

BlackRock may purchase $10 million of Ethereum as start-up capital for Ethereum ETF

Cointime2024/05/30 12:01
By: Cointime
ETH+0.31%

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitget Onchain trading system upgrade completed
Bitget Announcement2025/09/17 03:33
New spot margin trading pair — ZKC/USDT!
Bitget Announcement2025/09/16 06:28
CandyBomb x ZKC: Trade futures to share 66,666 ZKC!
Bitget Announcement2025/09/16 06:00

Trending news

More
1
Bitget Onchain trading system upgrade completed
2
Bitget Trading Club Championship (Phase 9)—Trade spot and futures to share 120,000 BGB, up to 2200 BGB per user!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$117,010.28
+0.94%
Ethereum
Ethereum
ETH
$4,499.01
-0.68%
XRP
XRP
XRP
$3.02
+0.45%
Tether USDt
Tether USDt
USDT
$1
+0.03%
BNB
BNB
BNB
$950.56
+2.34%
Solana
Solana
SOL
$234.68
-0.72%
USDC
USDC
USDC
$1
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2661
-0.80%
TRON
TRON
TRX
$0.3400
-1.98%
Cardano
Cardano
ADA
$0.8740
+1.30%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter