{"id":228489,"date":"2024-01-12T22:41:03","date_gmt":"2024-01-12T17:11:03","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=228489"},"modified":"2024-01-12T22:41:03","modified_gmt":"2024-01-12T17:11:03","slug":"ethereum-etfs-gain-support-from-blackrocks-ceo-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ethereum-etfs-gain-support-from-blackrocks-ceo-crypto-news\/","title":{"rendered":"Ethereum ETFs gain support from BlackRock’s CEO – Crypto News"},"content":{"rendered":"

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BlackRock Chief Executive Officer Larry Fink publicly expressed his recognition of the potential of Ethereum-based exchange-traded funds (ETFs).\u00a0<\/p>\n

In an interview with CNBC, Fink stated that he sees the value in having an Ethereum ETF.\u00a0<\/p>\n

BlackRock, the world\u2019s largest asset manager with US$10 trillion in assets under management, recognizes the significance of Ethereum ETFs. These funds would allow investors to trade shares representing Ethereum on traditional stock exchanges, acting as a bridge between conventional finance and the burgeoning world of cryptocurrencies.\u00a0<\/p>\n

This week, the U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETF applications. Several Bitcoin funds, including BlackRock\u2019s iShares Bitcoin ETF, were launched yesterday<\/a>, marking the first spot Bitcoin ETFs trade on U.S. stock exchanges.\u00a0<\/p>\n

Some market watchers speculate that Ethereum ETFs could be the next financial products to list in U.S. markets, as BlackRock filed its official application last November.\u00a0<\/p>\n

With its successful Bitcoin ETF application, BlackRock has a near-perfect record with the SEC in ETF applications, failing only once.\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

BlackRock Chief Executive Officer Larry Fink publicly expressed his recognition of the potential of Ethereum-based exchange-traded funds (ETFs).\u00a0 In an interview with CNBC, Fink stated that he sees the value in having an Ethereum ETF.\u00a0 BlackRock, the world\u2019s largest asset manager with US$10 trillion in assets under management, recognizes the significance of Ethereum ETFs. These […]<\/p>\n","protected":false},"author":2,"featured_media":166719,"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-228489","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\/228489","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=228489"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/228489\/revisions"}],"predecessor-version":[{"id":228490,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/228489\/revisions\/228490"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/166719"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=228489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=228489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=228489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}