BlackRock's Ethereum ETF Moves Closer to Approval
TL;DR Summary
BlackRock has amended its S-1 form for a proposed spot ether ETF, revealing initial share purchases and a net asset value of $10 million. Bloomberg analyst Eric Balchunas sees a launch by the end of June as a "legit possibility." This follows the SEC's recent approval of several ether ETFs, boosting market sentiment. BlackRock's bitcoin ETF has also become the largest publicly traded bitcoin fund, surpassing Grayscale.
- BlackRock Amends Ethereum ETF Application; Bloomberg's Balchunas Labels it a 'Good Sign' CoinDesk
- BlackRock Files S-1: Spot Ethereum ETF by June? CCN.com
- 5 Things to Know About Ethereum's First Spot Price ETFs The Motley Fool
- Ethereum Price to Surge 500% This Cycle Amid ETF Approval: Crypto Expert Markets Insider
- Blackrock updates S-1 filing for Ethereum ETF, marking step toward launch CryptoSlate
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