Post #651

Tomorrow: 🟢BlackRock is seeding their spot #Bitcoin ETF with $10 million. Dates of these participants is unknown: 🟢Bitwise is seeding theirs with $200 million. 🟢Hashdex is seeding theirs with $2.8 million. 🟢WisdomTree is seeding theirs with $2.5 million. Seeding is buying an initial amount of an asset to have liquidity in the ETF. Thinking about it 10million is like nothing, at least not for BlackRock. 200mio move markets, 10 million moves nothing.