1 year ago
Earlier successful the day, BlackRock registered firm entity “iShares Ethereum Trust” successful Delaware, the archetypal hint that a filing for a spot Ethereum ETF filing was imminent.
Blackrock’s plans for a spot Ethereum exchange-traded money (ETF) has present been confirmed, per a 19b-4 signifier filing submitted to the United States Securities and Exhange Commission connected Nov. 9.
Nasdaq filed the 19b-4 signifier to securities regulator connected behalf of the $9 trillion plus absorption steadfast for a projected ETF called the shares Ethereum Trust.
The determination signals BlackRock’s volition to grow beyond Bitcoin with its ETF aspirations.
NASDAQ's 19b-4 filing to the SEC for BlackRock's iShares Ethereum Trust. Source: NASDAQ Earlier connected Nov. 9, it emerged that BlackRock registered firm entity “iShares Ethereum Trust” successful Delaware, the archetypal hint that a spot Ethereum ETF filing could beryllium imminent.
UPDATE: BlackRock #Ethereum ETF confirmed. They conscionable submitted a 19b-4 filing with Nasdaq pic.twitter.com/pLhuhhK7jo
— James Seyffart (@JSeyff) November 9, 2023BlackRock and different fiscal firms person expressed involvement successful cryptocurrency-backed ETFs implicit the past fewer months.
Bloomberg ETF expert James Seyffart noted that determination are astatine slightest 5 firms successful the moving to triumph the Securities and Exchange Commission’s support for a spot Ethereum ETF.
Related: Ethereum futures ETFs garner lukewarm reception connected archetypal time of trading
Among them are VanEck, ARK 21Shares, Invesco, Grayscale and Hashdex.
— James Seyffart (@JSeyff) November 9, 2023
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