Ethereum

Bitcoin ETF

Spot

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 <p>BlackRock, one of the world’s biggest asset managers, officially filed its Spot Ethereum <a rel="noopener noreferrer nofollow" title="ETF" href="https://thebittimes.com/tag/etf.html">ETF</a> with Nasdaq today. The company’s plan was revealed in a&nbsp;filing by the U.S. exchange where BlackRock will seek to list the product.</p>
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    <p lang="en" dir="ltr">JUST IN: $9 trillion asset manager BlackRock officially files for Spot Ethereum <a rel="noopener noreferrer nofollow" title="ETF" href="https://thebittimes.com/tag/etf.html">ETF</a> with Nasdaq.</p>— Watcher.Guru (@WatcherGuru) November 9, 2023
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 <p>Early Thursday afternoon, BlackRock registered its iShares Ethereum Trust in Delaware. A Spot Ethereum <a rel="noopener noreferrer nofollow" title="ETF" href="https://thebittimes.com/tag/etf.html">ETF</a>, like BlackRock’s pending Spot Bitcoin <a rel="noopener noreferrer nofollow" title="ETF" href="https://thebittimes.com/tag/etf.html">ETF</a>, will need regulatory approval by the SEC. Spot <a rel="noopener noreferrer nofollow" title="ETF" href="https://thebittimes.com/tag/etf.html">ETF</a>s dramatically broaden access to crypto for average investors, which has been a growing mission amongst asset managers like BlackRock, Grayscale, and others for months. However, the SEC has been avidly battling against it.</p>
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 <p>Bloomberg analyst Eric Balchunas calls the iShares Ethereum trust the “first step towards filing for a spot Ether <a rel="noopener noreferrer nofollow" title="ETF" href="https://thebittimes.com/tag/etf.html">ETF</a>.” Now, the next step has been taken by BlackRock.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/11/10/2a86df4785cee6361e57f864212fa6c9.webp" alt="BlackRock, one of the world's biggest asset managers, officially filed its Spot Ethereum ETF with Nasdaq today." class="wp-image-113639" srcset="https://cdn.thebittimes.com/images/2023/11/10/2a86df4785cee6361e57f864212fa6c9.webp 1024w, https://cdn.thebittimes.com/images/2023/11/10/2a86df4785cee6361e57f864212fa6c9.webp 300w, https://cdn.thebittimes.com/images/2023/11/10/2a86df4785cee6361e57f864212fa6c9.webp 768w, https://cdn.thebittimes.com/images/2023/11/10/2a86df4785cee6361e57f864212fa6c9.webp 380w, https://cdn.thebittimes.com/images/2023/11/10/2a86df4785cee6361e57f864212fa6c9.webp 550w, https://cdn.thebittimes.com/images/2023/11/10/2a86df4785cee6361e57f864212fa6c9.webp 800w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source: Investopedia
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 <p>According to Fox News, BlackRock is also confident that its Spot Bitcoin ETF application will be approved by the SEC by January 2024. It is unsure what a timetable of review would look like for the Spot Ethereum ETF. BlackRock has been one of many financial institutions seeking to bring the first Spot crypto ETFs to the US.</p>
 <p><strong>Also Read: BlackRock confident SEC will approve Spot Bitcoin <a rel="noopener noreferrer nofollow" title="ETF" href="https://thebittimes.com/tag/etf.html">ETF</a> by January</strong></p>
 <p>Bitcoin and Ethereum are two of the top cryptocurrencies on the market in terms of trade volume and value. Similarly to Bitcoin, Ethereum may also see a large jump in value in the next 24 hours following the news of BlackRock’s application.</p>
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<div class="cs-entry__tags">
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  <li>Blackrock</li>
  <li>ETF</li>
  <li>ethereum</li>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/blackrock-officially-files-spot-ethereum-etf-application-tbt69760.html">https://thebittimes.com/blackrock-officially-files-spot-ethereum-etf-application-tbt69760.html</a></p>

BlackRock Officially Files Spot Ethereum ETF Application

TheBitTimes

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