⚡️ BlackRock has officially filed for spot Ethereum exchange-traded fund with SEC

BlackRock, the world's largest asset manager, has filed for a spot Ethereum ETF with the United States Securities and Exchange Commission. The ETF, dubbed iShares Ethereum Trust, will reflect the performance of the price of ether and will work with Coinbase Custody Trust Company as its custodian for its proposed spot Ether ETF. BlackRock has also filed for a spot Bitcoin ETF that is currently pending regulatory approval.

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