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BlackRock, the world’s largest asset manager, officially filed for a spot Ether Exchange Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC) on Nov. 15.
The move by BlackRock comes nearly a week after it registered the iShares Ethereum Trust with the Delaware Department of State Division of Corporations and nearly six months after it filed for its spot Bitcoin ETF application.
The world’s largest asset manager started the spot Bitcoin ETF rush earlier this year, showing growing interest of institutions in the crypto market, and within six months, it has joined the growing list of institutions filing for a spot ETH ETF.
This is a developing story, and further information will be added as it becomes available.
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