Depositary Trust and Clearance Company Lists #BlackRocks Ethereum (ETF).
Under the ETHA (DeFi ecosystem built on Etherium and Polkadot) ticker,DTCC listed BlackRock's spot Ethereum exchange-traded fund (ETF).
On Thursday 24/May, the U.S. Securities and Exchange Commission approved 19b-4s forms from several Ethereum ETFs from issuers as BlackRock and other firms. Which is now engaging with potential issuers over S-1 registration statements.
To Start trading 19b-4 approval isn’t enough, but the approval of S-1 documents also need tobe approved which might take couple of weeks.
Despite the fact of all news which created hype after approval, Etherium is now gaining and currently trading at $3,750 on Binance.
Hold your positions till we see bitcoin at $78K which is expecting tobe the last upper limit after recent halving.
