TLDR Crypto · MARKETS & BUSINESS

BLACKROCK FILES SPOT ETHEREUM ETF APPLICATION WITH SEC

decrypt.co2 min read

Summary from the TLDR Crypto newsletter

A week after its registration showed up on Delaware’s site, BlackRock has officially filed for a spot Ethereum ETF with the SEC. The trust aims to mirror Ethereum's price performance, giving investors easy exposure to the asset in their brokerage accounts. Coinbase will be the trust’s custodian. This comes as BlackRock continues to wait for approval of the Bitcoin Spot ETF it filed in June.