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.
Two asset managers are preparing to introduce a new class of cryptocurrency investment products that combine traditional exchange-traded fund (ETF) structures with staking income from Ethereum and Solana holdings.
Institutional interest in Ethereum is clearly picking up—at least on paper. Spot Ethereum ETFs have seen nine straight days of net inflows, with BlackRock’s ETHA and Fidelity’s FETH leading the charge.
Ethereum (ETH) has gone down by 2.4% in the past 24 hours and currently sits at $2,580 in what has been mostly a red week for the crypto market. Trading volumes have retreated by 5% during this same period, indicating that the selling spree is not that strong at the moment. However, crypto liquidations have […]
A China-based tech company is taking a bold step into the world of digital finance, despite the country’s strict stance on cryptocurrency.