ETH breaks 2K! BlackRock and BlackRock are preparing to apply for an Ethereum spot ETF.
Twitter account @SummersThings discovered that BlackRock and Vanguard are not only working on a Bitcoin spot ETF, but also registered an "Ethereum spot ETF" in Delaware. He mentioned that in the past, BlackRock also registered in Delaware seven days before applying for a Bitcoin spot ETF with the SEC.
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Twitter account @SummersThings discovered that BlackRock and Vanguard are not only working on a Bitcoin spot ETF, but also registered an "Ethereum spot ETF" in Delaware. He mentioned that when BlackRock applied for a Bitcoin spot ETF in the past, they also registered in Delaware seven days before applying to the SEC.
ETF analyst Eric Balchunas also retweeted this news, and ETH surged past $2000, with a 24-hour increase of 8%.
BlackRock has made first step towards filing for a spot Ether ETF. I just confirmed on the website myself. Nice catch by @SummersThings https://t.co/mLKIhKdiI6
— Eric Balchunas (@EricBalchunas) November 9, 2023
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