US SEC further delays decision on BlackRock's spot ethereum ETF
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Reuters
Synopsis
BlackRock in November last year filed its application for its iShares Ethereum Trust, which will be listed on the Nasdaq if approved. Ether is the second-biggest cryptocurrency by market capitalisation.
By Reuters
Last Updated:
US Securities and Exchange Commission (SEC) further delayed its decision on an application by asset manager BlackRock for its spot ethereum exchange-traded fund, according to a regulatory filing on Monday.
Ether is the second-biggest cryptocurrency by market capitalization.
The SEC in January delayed its decision on BlackRock's application after it gave the green light to several bitcoin ETFs.
A spot crypto ETF tracks the market price of the underlying digital asset, giving investors exposure to the token without having to buy the currency.
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BlackRock in November last year filed its application for its iShares Ethereum Trust, which will be listed on the Nasdaq if approved.Elevate Your Tech Prowess with High-Value Skill Courses
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The SEC in January delayed its decision on BlackRock's application after it gave the green light to several bitcoin ETFs.
A spot crypto ETF tracks the market price of the underlying digital asset, giving investors exposure to the token without having to buy the currency.