Nexo Earn with Nexo
BlackRock Nears Ethereum Spot ETF with SEC Filing

BlackRock Nears Ethereum Spot ETF with SEC Filing

BlackRock files with SEC for Ethereum ETF listing on Nasdaq via 19b-4 after registering Ethereum Trust - would provide direct Ether exposure.

Share

Add us on Google
by Diego Almada Lopez

Asset management giant BlackRock, requested the Securities and Exchange Commission (SEC) approve the listing of the BlackRock Ethereum Trust on the Nasdaq exchange, according to a recent 19b-4 filing.

This is the first official Ethereum ETF application by BlackRock after the company registered its iShares Ethereum Trust with Delaware earlier today. That initial registration hinted an SEC filing was imminent.

BlackRock’s Ethereum ETF would allow investors to gain direct exposure to the price of Ether. This differs from existing products like the Grayscale Ethereum Trust ($ETHE), which trades based on a derivative.

Ethereum’s native token ETH is up 9% over the past 24 hours, according to CoinGecko.

Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.
NEWS

BlackRock Nears Ethereum Spot ETF with SEC Filing

BlackRock Nears Ethereum Spot ETF with SEC Filing

BlackRock files with SEC for Ethereum ETF listing on Nasdaq via 19b-4 after registering Ethereum Trust - would provide direct Ether exposure.

by Diego Almada Lopez

Share

Add us on Google

Asset management giant BlackRock, requested the Securities and Exchange Commission (SEC) approve the listing of the BlackRock Ethereum Trust on the Nasdaq exchange, according to a recent 19b-4 filing.

This is the first official Ethereum ETF application by BlackRock after the company registered its iShares Ethereum Trust with Delaware earlier today. That initial registration hinted an SEC filing was imminent.

BlackRock’s Ethereum ETF would allow investors to gain direct exposure to the price of Ether. This differs from existing products like the Grayscale Ethereum Trust ($ETHE), which trades based on a derivative.

Ethereum’s native token ETH is up 9% over the past 24 hours, according to CoinGecko.

Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.