Nasdaq has submitted a BlackRock Ethereum spot ETF application to the U.S. SEC
Nasdaq has submitted an application to the US SEC for BlackRock's proposed Ethereum spot ETF, "iShares Ethereum Trust". The Ethereum ETF will use Coinbase Custody Trust Company as its custodian and will use the CME CF Ether-Dollar reference rate.
Other asset management companies such as Grayscale, Ark Invest, ProShares, and Valkyrie have also submitted applications for Ethereum spot ETFs.
Earlier, ChainCatcher reported that BlackRock had registered an Ethereum trust in Delaware.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bankman-Fried’s Parents Lobby for Son’s Release, Inspired by Silk Road Case
Elon Musk's father hopes to raise up to $200 million from memecoin he now endorses: Fortune
Elon Musk’s father hopes to raise between $150 million and $200 million from a memecoin project called “Musk It,” which launched quietly in December to little fanfare.Errol Musk told Fortune he is now prepared to publicly endorse the token, which has gained over 200% in the last 24 hours.
Trump’s executive order fuels $1.9B in crypto inflows