đđBlackRock is making waves in the crypto world again! đ Theyâve officially filed with the SEC for an Ethereum ETF, under the name iShares Ethereum Trust. The goal? To track Ethereumâs price movements. And guess whoâs keeping things safe? Coinbase Custody will be the custodian, and theyâre using the CME CF Bitcoin Reference Rate, just like their Bitcoin ETF plan! đŒ
The buzz sent Etherâs price soaring nearly 2% to around $2,080. Meanwhile, BlackRockâs iShares Bitcoin Trust (IBTC) is still waiting for SEC approval, with top trading firms eyeing it for liquidity. đ
On another note, their CEO recently addressed a false ETF approval report that spiked prices. Oh, and thereâs some mystery around theâiShares XRP Trustââoriginally linked to BlackRock, but theyâve denied it.
The excitement around ETFs is real, and crypto's momentum just keeps building! đ #ETH #BTC #CryptoTrading #Binance #Write2Earn! $ETC
