According to breaking information, BlackRock has applied for Spot Ethereum ETF.
BlackRock's application for the Ethereum Spot ETF was also observed in documents uploaded to Nasdaq's website.
Information on the Nasdaq website describes BlackRock's application as a “proposed rule change for listing and trading shares of the iShares Ethereum Trust (“Trust”) under Nasdaq Rule 5711(d) (“Commodity-Based Trust Shares”).”
In the development that took place earlier today, according to documents published on the Delaware Department of State Corporations Division website, the Wall Street giant had registered documents in Delaware for the iShares Ethereum Trust.
This move was interpreted as the company would apply for an Ethereum Spot ETF, and the comments turned out to be true.
Before applying for Bitcoin Spot ETF, the company took a similar step and registered documents and sent the ETF application to the SEC a week later. BlackRock acted a little more hastily for Ethereum and sent the ETF application on the same day.
