Investment giant Blackrock, which manages $11 trillion in assets, has applied for a spot Ethereum exchange-traded fund (ETF).
Investment giant BlackRock rolled up its sleeves for the Ethereum ETF after Bitcoin. BlackRock’s iShares Ethereum Spot ETFin the US state of Delaware on Thursday, November 9th. 19b-4 form Nasdaq registered in the filing.
This registration on Nasdaq was followed by BlackRock shortly after. To the US Securities and Exchange Commission (SEC) spot Ethereum ETF in your application will be found It was interpreted as and ultimately the comments turned out to be correct.
BlackRock’s spot Ethereum ETF launches shortly after registration news moves the market to the SEC via Nasdaq. presented. BlackRock registered its application files in a similar way 1 week before applying for spot Bitcoin ETF.
Company Coinbase Custody Trust CompanyHe noted that it will be used as a brokerage firm for Ethereum custody services. BlackRock also preferred Coinbase to store Bitcoin.
currently Vaneck, Ark Invest-21Shares, hashdex And Invesco spot Ethereum ETF applications are available.
More than 10% rise in Ethereum
Ethereum with the influence of news flow $2,000 resistance broke. According to CoinGecko data, Ethereum gained momentum in a short time with the confirmation of the BlackRock spot Ethereum ETF application. 13% rising $1,885 from level to $2,132 reached. Ethereum is trading at $2,110 at the time of writing.