Financial giant BlackRock just released a video for investors in Ethereum (ETH) ETFs.
Yesterday was a historic moment for the crypto community as the U.S. Securities and Exchange Commission approved spot Ethereum ETFs for trading.
This comes six months after the agency greenlit spot Bitcoin ETFs.
After the approval of spot Ethereum ETF, Jay Jacobs, U.S. Head of Thematics and Alternative ETFs for BlackRock appeared in a video, explaining about their investment instrument.
JUST IN: 🇺🇸 BlackRock drops Ethereum ETF video for investors pic.twitter.com/uZ1ZGkUwjC
— Radar🚨 (@RadarHits) July 23, 2024
He gave insights into the BlackRock’s iShares Ethereum Trust ETF (ETHA) and how to access it.
Jacobs stated that this introduction is due to the increased global adoption of crypto and the surge in investor interest toward Ethereum.
A well-known crypto analyst is warning that Maker (MKR), a prominent decentralized finance (DeFi) altcoin, may be heading for a correction based on technical analysis.
Ethereum (ETH) has made a notable recovery, surging over 12% since it dropped to $2,460 on February 3, following the broader downturn in the cryptocurrency market.
XRP’s price remains stuck in a tight range as investors assess the fallout from the Bybit hack. Despite a broader selloff, the token has managed to hold above $2.5, though its recent price action suggests uncertainty.
A well-known crypto analyst sees potential in the Solana-based memecoin dogwifhat (WIF) but remains cautious.