BlackRock plans to inject $10 million in seed funding into its Bitcoin spot ETF on January 3rd.

BlockBeats news on December 23rd: Bloomberg ETF analyst James Seyffart posted on social media that according to the revised Bitcoin spot ETF application (S-1) submitted by BlackRock to the SEC, BlackRock plans to inject $10 million in seed funding into its spot Bitcoin ETF (IBIT) on January 3rd. Although seed funding does not mean that the ETF will officially launch, it may indicate that BlackRock expects IBIT to be approved and officially launched soon.