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.
BNB Chain has announced a major update designed to enhance its stablecoin infrastructure by introducing gasless transactions.
Fintech giant Revolut is planning to launch its own stablecoin. Sources indicate that Revolut, which recently secured a U.K. banking license and was valued at $45 billion earlier this year, is progressing well with this initiative.
Whale activity around the Artificial Superintelligence Alliance (FET) has increased dramatically, with large transactions up 262%, as reported in IntoTheBlock data.
WalletConnect is preparing to unveil its new Connect Token (WCT) on the Optimism OP Mainnet, an Ethereum Layer 2 network.