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BlackRock has allocated $2 billion for Spot Bitcoin ETF Launch

BlackRock is making headlines with a $2 billion pledge within days of unveiling its Spot Bitcoin ETF. The whispers from Vaneck's digital assets maestro and a Bloomberg ETF expert add fuel to the fire, hinting at a groundbreaking 'day one' capital raise.

BlackRock is about to make history with a 'big day one' plan for the Spot Bitcoin ETF launch.

BlackRock, the titan of asset management, is gearing up for a colossal move with a reported $2 billion war chest for its upcoming Spot Bitcoin ETF launch.

Vaneck, BlackRock, and nine others are in the wings, awaiting the SEC's nod to launch Spot Bitcoin ETFs. Sigel, during an X Space discussion, unveils insider info: 'BlackRock has over $2 billion lined up in week one!' The crypto world is buzzing as existing Bitcoin holders prepare to dive in.

Sigel shares Vaneck's prediction of $2.5 billion flowing into Spot Bitcoin ETFs in the first quarter. This astronomical figure is based on past gold ETF flows and adjusted by the U.S. money supply. The crypto arena eyes a $40 billion market opportunity over two years, a game-changing revelation!

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In a bold move, BlackRock reveals plans to seed its Spot Bitcoin ETF with $10 million on Jan. 3. With Jane Street and JPMorgan as authorized participants, BlackRock aims for the spotlight.

It would be on brand for BlackRock.' The crypto maestro expects a record-breaking first day, possibly surpassing all ETF launch records.

Eric Balchunas secures a second source confirming BlackRock's big day-one plans. According to Fox Business, BlackRock anticipates approval by Wednesday, aligning with the SEC's decision on Cathie Wood's Ark Invest and 21shares' Spot Bitcoin ETF proposal.