BlackRock may purchase $10 million of Ethereum as start-up capital for Ethereum ETF

Golden Finance reported that BlackRock plans to launch an Ethereum ETF and inject $10 million of Ethereum into the fund as start-up capital. According to documents submitted to the US SEC, BlackRock has raised $10 million through its subsidiaries to purchase seed shares at a price of $25 per share. It should be noted that the document does not mention the exact date of Ethereum purchase, indicating that there may be additional revised documents later.