JUST IN: BlackRock disclosed buying #Bitcoin for its Global Allocation Fund in latest SEC filing.
This is the THIRD internal BlackRock fund that has bought #Bitcoin through the $IBIT Bitcoin ETF
🫡 @MacroScope17
VanEck just filed 8-A form for spot Eth, which is just part of process, but.. should be noted that they filed their 8-A for spot bitcoin exactly 7 days before launch. Good sign for our July 2nd over/under (7 days from now). But again, anything poss. Sure we'll hear more soon..
Bitcoin is scraping a trend line that started in 2016.
A bull market has never ended without breaking the third line, at least!
That’s at $311,000 right now.
$560,000 in June 2025
🧐
Several asset managers, including VanEck, BlackRock, Grayscale, and Invesco, submitted revised proposals for Ethereum ETFs to the SEC on June 21. VanEck revealed a 0.20% management fee, adding pressure on BlackRock to keep fees low.
https://t.co/w2asOrDaU3
Next step: we will see a bunch of amended S-1s filed today, prob later this afternoon. Then ball's in SEC's court to let issuers know about any final changes and effectiveness (aka final approval). We holding the line with July 2nd as our over/under for eth ETFs launch date.
MicroStrategy has acquired an additional 11,931 BTC for ~$786.0M using proceeds from convertible notes & excess cash for ~$65,883 per #bitcoin. As of 6/20/24, $MSTR hodls 226,331 $BTC acquired for ~$8.33B at average price of $36,798 per bitcoin.https://t.co/jE9dGqqnON
ETHEREUM SURVIVES THE SEC.
Today we’re happy to announce a major win for Ethereum developers, technology providers, and industry participants: the Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0.
This means that the SEC will not bring charges alleging that sales of ETH are securities transactions.