Ethereum

Bitcoin ETF

<div class="cryptonews">
 <p class="is-style-lead">BlackRock has officially applied with the US Securities and Exchange Commission to create a spot Ethereum ETF.</p>
 <p>The Form S-1 filed with the SEC said that the iShares Ethereum Trust is intended to “broadly reflect the price performance of Ethereum.”</p>
 <p>The Form S-1 comes a week after BlackRock registered iShares Ethereum Trust with the Delaware Division of Corporations Division. The Nasdaq exchange applied to register the proposed exchange-traded fund, confirming that BlackRock was working on it.</p>
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 <p>Against the backdrop of this news, the price of Ethereum (ETH) increased by almost 1.4%. At the time of writing, the asset is trading near $2,038.</p>
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   <img decoding="async" width="1428" height="840" src="https://cdn.thebittimes.com/images/2023/11/16/279f7c4f5f2c420e2c2c952d161e52db.webp" alt="BlackRock applies for spot Ethereum ETF - 1"> 
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   Ethereum price | Source: CoinMarketCap
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 <p>On Nov. 13, information about the iShares XRP trust, registered with BlackRock, appeared on the Delaware Department of State’s Division of Corporations website. However, the company subsequently denied this.</p>
 <p>It also became known that the SEC postponed the application to create Hashdex to convert the Bitcoin futures ETF into a spot ETF. The agency also postponed the deadline for deciding on Grayscale’s application to launch an Ethereum futures ETF.</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> SEC postpones Hashdex’s spot Bitcoin ETF application
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/blackrock-applies-for-spot-ethereum-etf-tbt70551.html">https://thebittimes.com/blackrock-applies-for-spot-ethereum-etf-tbt70551.html</a></p>

BlackRock applies for spot Ethereum ETF

TheBitTimes

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