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BlackRock expands crypto strategy with Ethereum ETF application
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finextra.comBlackRock has already created a corporate entity in keeping with the asset manager’s ETF division, titled ‘iShares Ethereum Trust,’ which is registered in Delaware.
In response to the news, ETH’s price jumped to its daily high of $2,100, reaching a six month high.
In June 2023, BlackRock applied to the SEC for permission to launch a spot Bitcoin ETF.
To date, the regulator has yet to approve a spot ETF linked to a cryptocurrency. This is in keeping with its cautious approach to the crypto market.
Read more on finextra.comAbout this in other media
Fidelity seeks green light for Ethereum ETF, following BlackRock's filing cointelegraph.com /11 months ago
BlackRock Files Spot Ether ETF Application cryptonews.com /11 months ago
BlackRock files S1 form for spot Ether ETF with SEC cointelegraph.com /11 months ago
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