@BlackRock may break the first-day flow record with a possible $2 billion asset injection on the first day of trading for its US spot Bitcoin ETF, according to BI's senior ETF analyst @EricBalchunas Seed funding could combine with grassroots interest to give it momentum in a race that includes up to 11 ETFs that we think could gather as much as $4 billion on the first day, and $50 billion of assets within two years.
#BitcoinETF
Congrats to Grayscale btw, they are why all this happened. They fought the law and won. Even so I was doubtful they’d make it to starting gate but they have. Now I owe @JSeyff and @NateGeraci a sushi lunch.
Hey @elonmusk, I just saw the SEC's Twitter got hacked! 😱 With Twitter under your wing, we gotta ask: is it really this easy to breach? Our accounts feel like sitting ducks! 🦆 A little help here, maybe some super Musk security upgrades in the works? 🛡️🚀 #BitcoinETF
The @SECGov X account was compromised, and an unauthorized post was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.