BlackRock, a $9 trillion asset management firm, has confirmed its plans to launch a spot Ethereum exchange-traded fund (ETF). The firm filed a 19b-4 form with the United States Securities and Exchange Commission, signaling its intention to expand beyond Bitcoin. This move comes after BlackRock registered a corporate entity called “iShares Ethereum Trust” in Delaware. Several other financial firms, including VanEck, ARK 21Shares, Invesco, Grayscale, and Hashdex, are also vying for approval from the Securities and Exchange Commission for a spot Ethereum ETF. The launch of Ethereum futures ETFs received a lukewarm reception on their first day of trading.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	neutral
Relevance Score	1
People	James Seyffart
Companies	ARK 21Shares, Hashdex, Grayscale, Invesco, VanEck
Currencies	Ethereum
Securities	None