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Nasdaq Files 19b-4 for BlackRock’s proposed iShares Ethereum Trust ETF

Katie Lin

Summary: BlackRock, the world’s largest asset manager, has confirmed plans to launch a spot ether ETF, according to a 19b-4 filing made on Thursday afternoon.  Nasdaq filed for the proposed ETF called iShares Ethereum Trust, just hours after BlackRock filed to register an entity in Delaware. The asset manager has shown increasing interest in cryptocurrencies over ...

BlackRock, the world’s largest asset manager, has confirmed plans to launch a spot ether ETF, according to a 19b-4 filing made on Thursday afternoon. 

Nasdaq filed for the proposed ETF called iShares Ethereum Trust, just hours after BlackRock filed to register an entity in Delaware. The asset manager has shown increasing interest in cryptocurrencies over the past months and is currently awaiting a decision on its spot bitcoin ETF application from the Securities and Exchange Commission.

"The investment objective of the Trust is to reflect generally the performance of the price of ether," Nasdaq said in the filing.

Author: Katie Lin

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