Past Events:
▶️ November 9--> BlackRock applies for $ETH ETF "ishares Ethereum Trust"
▶️ February 12th --> Franklin Templeton joins the fray and submits its own $ETH ETF
▶️ March 23--> BlackRock deploys $100 million on the ethereum blockchain, while Larry Fink talks about his plans to tokenize everything. BlackRock files for the “BlackRock USD Institutional Digital Liquidity Fund”
▶️ March 27 --> Larry Fink says he is optimistic about $ETH ETF approval despite regulations marking $ETH as a security
▶️ March 27th --> Fidelity filed its own $ETH ETF, which included plans to stake the $ETH it controls
▶️ May 21-->Fidelity abandons staking plan $ETH in ETF filing
▶️ May 23--> The SEC approved the 19b-4 application submitted by VanEck, BlackRock, Fidelity, Grayscale, and Franklin Templeton to allow trading of spot $ETH ETF
Future events and analyst predictions
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▶️ Gary Gensler expects $ETH ETF to be approved before the end of summer
▶️Bloomberg analyst Eric Balchunas expects $ETH ETF to launch on July 2
personal idea
Seen a lot of sentiment around the $ETH ETF that it won't have any significant demand.
From reading Larry Finks talks and overlooked documents like BlackRock’s own Institutional Digital Liquidity Fund, including its $100M deployed, I can get a sense of how serious BlackRock is about bringing institutional capital into $ETH.
Frankly, $ETH is more bullish than ever in this context. Is the $ETH ETF priced in? Don’t ask such stupid questions.
