Spot Ether ETF by Blackrock Nears Launch as SEC Amendment Signals Progress
Blackrock, the world’s largest asset manager, has updated its S-1 registration statement for the Ishares Ethereum Trust. To be listed as “ETHA.”
The update includes the acquisition of ‘Seed Creation Baskets’ by the fund’s ‘Seed Capital Investor.’ Additionally, various spot ether exchange-traded fund (ETF) applicants now have their tickers listed on the Depository Trust and Clearing Corporation’s (DTCC) catalog of ETFs.
This progress, along with the inclusion of Fidelity Investments’ spot ether fund (“FETH”) in the DTCC list. Signifies a significant step towards the expected launch of these investment products, possibly by late June or early July.
Clever Robot News Desk 2nd June 2024
