{"id":86857,"date":"2023-11-10T10:21:00","date_gmt":"2023-11-10T08:21:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86857"},"modified":"2025-09-13T08:06:43","modified_gmt":"2025-09-13T05:06:43","slug":"nasdaq-confirms-blackrocks-filing-to-launch-the-ishares-ethereum-trust-a-spot-ethereum-etf","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/nasdaq-confirms-blackrocks-filing-to-launch-the-ishares-ethereum-trust-a-spot-ethereum-etf\/","title":{"rendered":"Nasdaq confirms BlackRock&#8217;s filing to launch the iShares Ethereum Trust, a spot Ethereum ETF."},"content":{"rendered":"<p>Nasdaq confirmed BlackRock&#8217;s proposal to register the iShares Ethereum Trust \u2014 a spot <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a> based on the second-largest cryptocurrency. The exchange filed the corresponding <a href=\"https:\/\/listingcenter.nasdaq.com\/assets\/rulebook\/nasdaq\/filings\/SR-NASDAQ-2023-045.pdf\">\u0437\u0430\u044f\u0432\u043a\u0443<\/a> with the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> on behalf of the investment giant.<\/p>\n<p>If approved, the product would be listed on Nasdaq&#8217;s platform.<\/p>\n<p>According to the document, the ETF&#8217;s custodian will be Coinbase. The exchange is also mentioned in<a href=\"https:\/\/u1f987.com\/en\/news\/cboe-mirrors-blackrock-elements-in-ark-invest-bitcoin-etf-filing\"> the joint surveillance agreement<\/a> to prevent fraud and market manipulation.<\/p>\n<p>ETF Store president Nate Geraci noted that the description includes a reference to<a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-surpasses-27500-after-court-ruling-in-grayscales-favour\"> Grayscale&#8217;s win in the court case against the SEC<\/a> regarding the conversion of <span data-descr=\"Grayscale Bitcoin Trust\" class=\"old_tooltip\">GBTC<\/span> into a spot exchange-traded fund.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Key language in Nasdaq\/iShares spot ether ETF filing\u2026<\/p>\n<p>Grayscale court win + SEC approval of ether futures ETFs should = spot ether ETF approval <a href=\"https:\/\/t.co\/IUO0wixNCR\">https:\/\/t.co\/IUO0wixNCR<\/a> <a href=\"https:\/\/t.co\/TclQyOfWjx\">pic.twitter.com\/TclQyOfWjx<\/a><\/p>\n<p>\u2014 Nate Geraci (@NateGeraci) <a href=\"https:\/\/twitter.com\/NateGeraci\/status\/1722733124608573570?ref_src=twsrc%5Etfw\">November 9, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As of the end of 2022, BlackRock&#8217;s assets under management totaled $8.59 trillion.<\/p>\n<p>The company&#8217;s <a href=\"https:\/\/u1f987.com\/en\/news\/blackrock-files-to-launch-a-spot-ethereum-etf\">proposal<\/a> appeared on the Delaware Department of Corporations&#8217; website.<\/p>\n<p>In June BlackRock also <a href=\"https:\/\/u1f987.com\/en\/news\/blackrock-files-for-bitcoin-etf-launch\">filed an application<\/a> to launch a Bitcoin-based ETF. At that time, information on the SEC&#8217;s site appeared seven days after registration in the mentioned state.<\/p>\n<p>The news triggered a <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-price-breaks-through-the-2000-level\">breach of Ethereum&#8217;s $2,000 level<\/a>.<\/p>\n<p>The confirmation contributed to positive momentum. At the time of writing, the 24-hour price rise for the second-largest cryptocurrency had reached 9.6%, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\"> CoinGecko<\/a>. Prices held above $2,100.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-820.webp\" alt=\"1-820\" class=\"wp-image-219778\"\/><figcaption class=\"wp-element-caption\">15-minute ETH\/USDT chart on the Binance exchange. Data:<a href=\"https:\/\/www.tradingview.com\/x\/r8sUEahP\/\"> Tradingview<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>Trader SatoshiFlipper noted the prospects for accelerated growth if the upper boundary of the ascending triangle is breached.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Wanted to look at the <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>\/USDT chart after the BlackRock news today \u2026<\/p>\n<p>\u2026 an ascending triangle reversal at resistance with none of the ETF news priced in? <\/p>\n<p>Are you kidding me, look at this beauty lol<\/p>\n<p>You don&#8217;t have enough <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&#038;ref_src=twsrc%5Etfw\">#Ethereum<\/a> right now, trust. <a href=\"https:\/\/t.co\/dVjNczALFw\">pic.twitter.com\/dVjNczALFw<\/a><\/p>\n<p>\u2014 Satoshi Flipper (@SatoshiFlipper) <a href=\"https:\/\/twitter.com\/SatoshiFlipper\/status\/1722832424340783263?ref_src=twsrc%5Etfw\">November 10, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Jeffrey Kendrick, head of research at Standard Chartered, <a href=\"https:\/\/u1f987.com\/en\/news\/standard-chartered-analyst-forecasts-ethereum-at-8000\">predicted the price rise<\/a> of the second-largest cryptocurrency to $8,000 by the end of 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq confirmed BlackRock&#8217;s proposal to register the iShares Ethereum Trust \u2014 a spot ETF based on the second-largest cryptocurrency.<\/p>\n","protected":false},"author":1,"featured_media":86858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[865,569,46,1145],"class_list":["post-86857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blackrock","tag-etf","tag-ethereum","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=86857"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86857\/revisions"}],"predecessor-version":[{"id":86859,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86857\/revisions\/86859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/86858"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=86857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=86857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=86857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}