BlackRock May Invest $1B in Bitcoin Just Hours After ETF Launch, Says Expert
BlackRock's potential $1 billion investment in Bitcoin, shortly after the ETF launch, has stirred anticipation. Analyst James Seyffart suggests a historical pattern of substantial seeding by BlackRock, sparking varied sentiments. The approval of a Bitcoin spot ETF triggers speculation about the next cryptocurrency in line. However, Seyffart believes regulatory dynamics must change significantly for additional crypto ETFs, anticipating potential shifts with a new SEC administration. The evolving narrative, including BlackRock's involvement, adds intrigue to the crypto community's outlook.
Bernice
