The $9 trillion asset manager BlackRock has officially filed for an S-1 application for its Spot Ethereum ETF on Thursday. If approved, BlackRock will provide Spot Ethereum ETF services to institutional clients and open the gates to the cryptocurrency market. A flood of new investments could enter the digital assets market as the Ethereum ETF will most likely be approved by the US Securities and Exchange Commission (SEC).
JUST IN: BlackRock files S-1 application for its Spot Ethereum ETF.
— Watcher.Guru (@WatcherGuru) November 16, 2023