A BlackRock affiliate purchased 4,000 seed shares of the fund for $100,000, providing the initial capital the trust will use to purchase ether, according to an amended S-1 filing.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Mubadala Investment Company and Al Warda Investments owned over 20 million shares in BlackRock's BTC exchange-traded fund in Q4.
Analysts say Metaplanet’s bitcoin-linked income business is becoming critical to funding expansion while avoiding forced BTC sales.
"This would ensure Democrats could immediately control those agencies if they win the 2028 presidential election," TD said.
David Bailey's bitcoin treasury company Nakamoto has agreed to acquire two other David Bailey-related companies, including BTC Inc.
Revenue from "cryptoassets" declined to $3.6 billion during the fourth quarter amid a broad market decline.
Tom Lee's BitMine said its ether treasury has climbed to 4.37 million ETH as the firm continues aggressive accumulation market prices.
The integration allows institutions to conduct confidential payments, treasury management, and DeFi transactions on public blockchains.
Dragonfly closed a $650 million fourth fund, topping its target as the firm deploys capital during a downturn.