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.
Binance, one of the largest cryptocurrency exchanges globally, is enchancing its Spot trading platform by introducing new trading pairs and Trading Bot services.
The crypto market constantly sees new assets emerge, but not all make a lasting impact. Some coins slowly gain value, while others quickly lose momentum.
A prominent crypto analyst, known as Cheds, has issued a warning about Dogecoin’s (DOGE) potential decline amid the ongoing market correction.
Crypto analyst Ali Martinez has raised concerns about a potential downturn for XRP and three other altcoins, warning that they may experience a sudden drop.