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News Explorer — BlackRock's Updates Spot Ethereum ETF Application With the SEC

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May 29, 10:56 pm
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BlackRock's Updates Spot Ethereum ETF Application With the SEC

BlackRock has amended its filing with the SEC for its proposed spot Ethereum ETF, signaling progress towards the availability of an ETH-based ETF. Other applicants are expected to follow suit, and if the SEC provides fine-tune comments promptly, spot Ethereum ETFs could debut as early as the end of June or July 4th. The approval of Bitcoin ETFs earlier this year has raised hopes for similar market movements with ETH-based funds.

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