{"id":194755,"date":"2023-11-16T18:15:00","date_gmt":"2023-11-16T12:45:00","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=194755"},"modified":"2023-11-16T18:15:00","modified_gmt":"2023-11-16T12:45:00","slug":"blackrock-files-for-spot-ethereum-etf-eth-price-to-rally-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/blackrock-files-for-spot-ethereum-etf-eth-price-to-rally-crypto-news\/","title":{"rendered":"BlackRock Files For Spot Ethereum ETF, ETH Price To Rally? – Crypto News"},"content":{"rendered":"

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In a strategic move that could reshape the landscape of cryptocurrency investments, BlackRock, the world\u2019s largest asset manager, has officially submitted an application for a spot Ethereum exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). This development follows BlackRock\u2019s recent registration of the iShares Ethereum Trust entity, signaling a significant step towards offering investors exposure to the performance of Ethereum.<\/p>\n

BlackRock Files For Ethereum Spot ETF<\/h2>\n

BlackRock\u2019s Ethereum ETF, known as the iShares Ethereum Trust, aims to mirror the performance of the Ether cryptocurrency, as disclosed in the recently filed<\/a> Form S-1 with the SEC. This move signifies BlackRock\u2019s strategic foray into the rapidly evolving world of digital assets, reflecting the growing institutional interest in Ethereum.<\/p>\n

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Meanwhile, the filing comes on the heels of BlackRock\u2019s registration of the iShares Ethereum Trust entity with the Delaware Department of State Division of Corporations. Notably, BlackRock has been actively navigating the cryptocurrency space, having previously filed for the iShares Bitcoin Trust in June.<\/p>\n

The anticipation around BlackRock\u2019s spot Bitcoin ETF has already influenced markets, with trading firms like Jane Street, Virtu Financial, and Jump Trading reportedly in discussions to provide liquidity if the ETF secures regulatory approval.<\/p>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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In a strategic move that could reshape the landscape of cryptocurrency investments, BlackRock, the world\u2019s largest asset manager, has officially submitted an application for a spot Ethereum exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). This development follows BlackRock\u2019s recent registration of the iShares Ethereum Trust entity, signaling a significant step […]<\/p>\n","protected":false},"author":2,"featured_media":164894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-194755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/194755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=194755"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/194755\/revisions"}],"predecessor-version":[{"id":194757,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/194755\/revisions\/194757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/164894"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=194755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=194755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=194755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}