The Big Players are waiting : Blackrock Lines up $2 Billion for Spot Bitcoin ETF Launch

VanEck's Matthew Sigel just said he's heard from a well placed source that BlackRock has $2 billion of capital lined up from existing bitcoin holders that want to rotate into spot bitcoin ETFs in week one (wow)

We're at $2.5 billion in the first quarter of trading, which we do by looking at the past flows into the first gold ETF and adjusting by the U.S. money supply,” he explained, emphasizing: “We have a $40 billion market opportunity over two years based on the similar analysis.”

Do you think Blackrock has lined up more than $2 billion for its spot bitcoin ETF within days of launch?

Jan 10. Everyone is watching

Let me know in the comments section below.