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BlackRock receives $100K in seed funding for spot bitcoin ETFBlackRock's iShares Bitcoin ETF (IBIT.O), opens new tab accumulated $ billion in assets under management as of Jan. 17, followed by $ On Jan. 11, , BlackRock launched its first-ever spot bitcoin ETF. Market participants are now able to access Bitcoin with convenience. Buyers of spot bitcoin ETFs aren't buying actual bitcoin � but that's working out just fine so far for folks buying into BlackRock's fund.