Market news shows that BlackRock Group (BLK.N) is preparing to apply for a spot ETF centered on the second-largest cryptocurrency, Ethereum. According to Coindesk, BlackRock has filed documents to list and trade the “iShares Ethereum Trust” on Nasdaq. The Wall Street giant previously registered the fund in Delaware, according to documents posted on the website of the Delaware Secretary of State’s Division of Corporations.
BlackRock dives deeper into crypto with Ethereum ETF plan amid regulatory clarity
After registering the Ishares Ethereum Trust with the Delaware Division of Corporations, the world’s largest asset manager filed a 19b-4 registration with the U.S. securities regulator. The move could provide U.S. investors with a regulated spot exchange-traded fund (ETF) to track the price of ethereum (ETH). The trust is designed to reflect the performance of the Ethereum price, factoring in fees and liabilities
BlackRock’s ETF proposal comes as the U.S. Securities and Exchange Commission recently approved an Ethereum-based futures ETF and is discussing regulatory issues for Bitcoin exchange-traded products (ETPs). The document highlights BlackRock’s ETF strategy to reduce the risk of losses from fraud or bankruptcy that investors may encounter when holding digital assets on centralized exchanges.
Review:
Yesterday, two rounds were planned, both with the intention of opening the middle line. It just so happened that a large amount of funds flowed into the market, and hundreds of millions of chips were harvested in one night...
The reason for pursuing the long position below 36.5k is very simple. As I told you earlier, each round of suppression and the stepped rise of the pie are too stable. If the suppression is broken, just suppress and stabilize and open the long position. Although I am chasing It took more than one round, but again, my stop loss was only 400 points, and finally reached our previous expectation of 37.6k, winning a thousand points, and the resistance of the big pie was 35.2k-36k-37.6k respectively.
In the second round, it is expected that 38.2k will be on the rails at monthly K, and I will not chase more (the reason is mentioned in the video on the evening of 11.9). The video is expected to be around 35k, that is, I will take 2000-3000 points in this round. Only then did I stop, and I explained the whole process to everyone. In the end, the overall profit yesterday was more than 3k, and I reminded everyone to leave Ether alone for the time being.
The white market is still strong. At this stage, I don’t recommend that you frequently enter the market. It is obviously the market maker’s control stage. I will share my personal views with you at 15:00 pm.
BlackRock dives deeper into crypto with Ethereum ETF plan amid regulatory clarity
After registering the Ishares Ethereum Trust with the Delaware Division of Corporations, the world’s largest asset manager filed a 19b-4 registration with the U.S. securities regulator. The move could provide U.S. investors with a regulated spot exchange-traded fund (ETF) to track the price of ethereum (ETH). The trust is designed to reflect the performance of the Ethereum price, factoring in fees and liabilities
BlackRock’s ETF proposal comes as the U.S. Securities and Exchange Commission recently approved an Ethereum-based futures ETF and is discussing regulatory issues for Bitcoin exchange-traded products (ETPs). The document highlights BlackRock’s ETF strategy to reduce the risk of losses from fraud or bankruptcy that investors may encounter when holding digital assets on centralized exchanges.
Review:
Yesterday, two rounds were planned, both with the intention of opening the middle line. It just so happened that a large amount of funds flowed into the market, and hundreds of millions of chips were harvested in one night...
The reason for pursuing the long position below 36.5k is very simple. As I told you earlier, each round of suppression and the stepped rise of the pie are too stable. If the suppression is broken, just suppress and stabilize and open the long position. Although I am chasing It took more than one round, but again, my stop loss was only 400 points, and finally reached our previous expectation of 37.6k, winning a thousand points, and the resistance of the big pie was 35.2k-36k-37.6k respectively.
In the second round, it is expected that 38.2k will be on the rails at monthly K, and I will not chase more (the reason is mentioned in the video on the evening of 11.9). The video is expected to be around 35k, that is, I will take 2000-3000 points in this round. Only then did I stop, and I explained the whole process to everyone. In the end, the overall profit yesterday was more than 3k, and I reminded everyone to leave Ether alone for the time being.
The white market is still strong. At this stage, I don’t recommend that you frequently enter the market. It is obviously the market maker’s control stage. I will share my personal views with you at 15:00 pm.