TL; DR
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When we reported on Monday that BlackRock had filed for an Ethereum ETF, that was not the case whole WHERE. It was more that BlackRock was Preparing Archiving.
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The good news is: As of last Wednesday, BlackRock is officially official submitted an S-1 form with the SEC for its iShares Ethereum Trust, a spot ether exchange-traded fund (ETF).
Full story
Okay, so we have to be honest…
We lied to you.
Or at least, We got a bit of an edge.
See, when we reported on Monday that BlackRock had filed for an Ethereum ETF, that wasn’t the case whole WHERE.
It was more that BlackRock was Preparing Archiving.
Our apologies! In the words of our friends and family, we may be “getting a little too excited about this crypto thing” and “need more hobbies.”
The good news is:
As of last Wednesday, BlackRock is officially official submitted an S-1 form with the SEC for its iShares Ethereum Trust, a spot ether exchange-traded fund (ETF).
(Also a way for investors to buy Ethereum on the stock market and avoid a lot of legal hassle – which in theory should attract a lot of new money into ETH).
This means that all the positive momentum and reasons to get excited mentioned in Monday’s article still apply.
(Man, it feels good to get that off the chest).