"Ethereum ETFs: Key Insights and Market Impact"
TL;DR Summary
BlackRock has secured a $10 million seed investment for its upcoming iShares Ethereum Trust, while Grayscale has appointed Coinbase as the custodian for its spot Ethereum ETF. This follows the SEC's recent approval of spot Ethereum ETFs, marking a significant shift in regulatory stance. However, experts are concerned about centralization risks, as Coinbase will be the custodian for the majority of these ETFs.
- Ethereum ETFs: BlackRock Gets $10M Seed Investment and Grayscale Adds Coinbase Custody Decrypt
- 5 Things to Know About Ethereum's First Spot Price ETFs The Motley Fool
- Ether And Bitcoin: The Next Leg Up Forbes
- Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says CoinDesk
- 5 things Ethereum ETFs could mean for altcoins Cointelegraph
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
2 min
vs 3 min read
Condensed
85%
408 → 63 words
Want the full story? Read the original article
Read on Decrypt