Spot Ethereum ETFs Set to Launch: BlackRock Highlights Rising Demand
The launch of nine spot Ethereum ETFs is set to transform the digital asset landscape, with Grayscale’s Ethereum Trust (ETHE) and Ethereum Mini Trust (ETH) among the prominent entries. Asset managers including BlackRock, Franklin Templeton, VanEck, Bitwise, 21Shares, Invesco, and Fidelity will unveil their spot ETH ETFs. Bloomberg’s Eric Balchunas confirms that the SEC has approved these ETFs, with the launch scheduled for tomorrow at 9:30 a.m. EDT. BlackRock’s Jay Jacobs emphasizes the growing demand for digital asset funds, marking a significant shift in the investment space.
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