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SEC Confirms Receipt of Application Allowing BlackRock Ethereum Spot ETF to Pledge Collateral

Summary: According to reports, the U.S. Securities and Exchange Commission (SEC) has confirmed receipt of an application allowing BlackRock Ethereum Spot ETF to pledge collateral. Nate Geraci, President of The ETF Store, previously stated that ETH ETF collateralization would happen regardless. Under the leadership of the Trump administration, this situation is expected to occur more quickly.

According to reports, the U.S. Securities and Exchange Commission (SEC) has confirmed receipt of an application allowing BlackRock Ethereum Spot ETF to pledge collateral.

Nate Geraci, President of The ETF Store, previously stated that ETH ETF collateralization would happen regardless. Under the leadership of the Trump administration, this situation is expected to occur more quickly.

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Link: SEC Confirms Receipt of Application Allowing BlackRock Ethereum Spot ETF to Pledge Collateral [Copy]

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