Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»BlackRock Wants an Ethereum Spot ETF
ETHEREUM NEWS

BlackRock Wants an Ethereum Spot ETF

By Crypto FlexsNovember 30, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
BlackRock Wants an Ethereum Spot ETF
Share
Facebook Twitter LinkedIn Pinterest Email

BlackRock has joined the Ethereum Spot ETF race as the asset manager has officially applied to the US SEC and is currently awaiting approval.

BlackRock files on Ethereum spot ETF

next Submit Spot Bitcoin ​​ETFBlackRock, an American investment company, Ethereum Spot Exchange Traded Fund (ETF) With the U.S. Securities and Exchange Commission (SEC).

asset management company submitted However, I applied on November 15th. black stone It was revealed that the Trust was formed as early as November 9th.

According to Blackrock, iShares Ethereum Trust These tokens are used to facilitate ownership of Ethereum through the issuance of shares, which allow investors to own a partial undivided beneficial share of the trust’s net assets.

“The Trust was established as a Delaware statutory trust on November 9, 2023. The purpose of the trust is to own ether transferred to the trust in exchange for shares issued by the trust. Each share represents a partial undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist primarily of Ether held by the Ether Custodian on behalf of the Trust,” BlackRock said in the filing.

today, The US SEC has not approved it. All Ethereum Spot ETF submissions and Spot Bitcoin ETF applications. The regulatory body Several applications have been delayed Scheduled for review from January 2024.

The cryptocurrency community has been excited that regulators will eventually approve cryptocurrencies. ETF application pendingThis is because it can greatly promote the growth and development of the cryptocurrency ecosystem as well as related cryptocurrencies.

Ethereum price soars

that much Ethereum price The Ethereum ETF has been on the rise since its filing by BlackRock. The price of the cryptocurrency rose nearly 2% to $2,080 at some point after the application was announced.

The sharp reaction has caused a stir in the cryptocurrency community as investors prepare for a potential bull market if the U.S. SEC gives formal approval to an Ethereum spot ETF.

that much bitcoin price It is growing steadily, with new companies applying. Learn about Bitcoin ETF. While the current Bitcoin price is trading at $36,408, ETH It has fallen from its initial surge and is trading at $1,952.

The cryptocurrency ecosystem is currently closely watching for further updates on the US SEC’s approval of the ETF filing and the resulting price movements.

ETH price falls to $1,945 | Source: ETHUSD on Tradingview.com

Featured image from Bitcoin News, chart from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum whales doubled down on ETH as the $5,000 price target moves higher.

October 30, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 2025

A retail rail can push $2 million a day out of the chain.

October 22, 2025
Add A Comment

Comments are closed.

Recent Posts

Let AI Work For You — Empowering Everyone To Profit From The Intelligence Era

October 30, 2025

NOWPayments Launches $0 USDT (TRC20) Network Fee Offer For New Partners

October 30, 2025

Jiuzi Holdings Launches $1 Billion Bitcoin Treasury With SOLV To Drive Institutional Yields And RWA Innovation

October 30, 2025

Hetu 3.0 – Deep Intelligence Money

October 30, 2025

Doodles has joined Universal Monsters and dropped a TON of NFT stickers.

October 30, 2025

Ethereum whales doubled down on ETH as the $5,000 price target moves higher.

October 30, 2025

SOL remains fixed below $200 despite surge in ETF trading volume

October 30, 2025

Bybit’s BbSOL Gains Institutional Custody Support From Anchorage Digital, Reinforcing Its Institutional-Grade Standing

October 30, 2025

OKX Ventures Invests in Accountability for Enhanced Financial Verification

October 30, 2025

Injective (INJ) Completes First Community Buyback Worth $32 Million

October 29, 2025

Whale.io Confirms First Airdrop For Crock Dentist NFT Holders

October 29, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Let AI Work For You — Empowering Everyone To Profit From The Intelligence Era

October 30, 2025

NOWPayments Launches $0 USDT (TRC20) Network Fee Offer For New Partners

October 30, 2025

Jiuzi Holdings Launches $1 Billion Bitcoin Treasury With SOLV To Drive Institutional Yields And RWA Innovation

October 30, 2025
Most Popular

Bitcoin overturns Tesla, Meta and BTC. Hater Buffett’s Berkshire Hathaway

December 6, 2023

Impact of Grayscale Rebalancing Portfolio on XRP, MATIC

January 7, 2024

Cryptocurrency analysts are very bullish on the price of XRP and are setting multiple price targets.

February 24, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.