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Post #3250
@Futurentry
Crypto Profits Hub
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š„BREAKING: BlackRock is buying #Bitcoin NOW! BlackRock has told the SEC it will seed its spot Bitcoin ETF in October in preparation for approval. Seeding an ETF involves obtaining initial capital, usually from a bank or broker-dealer, to buy several creation units, such as #Bitcoin in this context. This capital is exchanged for ETF shares, which become available for open-market trading on the first day. So basically, BlackRock is going to start buying $BTC