BlackRock, a behemoth in the asset management industry with $9 trillion in custody, has revealed plans to invest $10 million in Ethereum to seed its new ETF. This development, disclosed through a filing with the Securities and Exchange Commission (SEC), marks a significant milestone in the mainstream adoption of cryptocurrencies, particularly Ethereum, which has been gaining traction as a versatile platform for decentralized applications (DApps) and smart contracts.&middot

For the full story, head over to TheCurrencyAnalytics.com.