On January 6, Matthew Sigel, VanEck’s head of digital asset research, spoke on Twitter Space and said that according to informed sources, BlackRock has raised $2 billion in funds from existing Bitcoin holders, and these funds hope to Converted to a spot Bitcoin ETF within the first week.
In response, Bloomberg ETF analyst Eric Balchunas said that if this is true, $2 billion will break all first-day/week trading volume and management size records for ETFs. Now it has learned from another source that BlackRock has indeed prepared the money to be put into the ETF on day one.
