Blackrock’s Plans for Application to Launch Spot Ethereum ETF Confirmed This comes after Form 19b-4 was filed with the U.S. Securities and Exchange Commission on November 9.
Nasdaq SubmitForm 19b-4 filed with securities regulators on behalf of Blackrock, a $9 trillion asset management company, for a proposed ETF called “iShares Ethereum Trust.”
The move signals BlackRock’s intent to expand beyond Bitcoin.
Earlier on November 9, BlackRock listed the iShares Ethereum Trust in Delaware, the first sign that an Ethereum ETF filing was imminent.
Bloomberg ETF analyst James Seyffart noted that At least five companies are working towards Securities and Exchange Commission approval for Spot Ethereum ETFs.
Ether price (ETH) jumped 12% to $2,130 on the latest news, according to data.of CoinGecko
refer : cointelegraph.com
picture nasdaq.com
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