According to the Daily Planet, Bloomberg analyst Eric Balchunas said on the X platform that BlackRock expects to inject $10 million in seed funds for its spot Bitcoin ETF (code IBIT) on January 3, which is much higher than the $100,000 they raised in October. Bloomberg analyst James Seyffart believes that the injection of seed funds does not mean the immediate launch of the ETF, but it may mean that it will be launched soon.