{"id":87134,"date":"2023-11-16T15:39:34","date_gmt":"2023-11-16T13:39:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=87134"},"modified":"2025-09-13T09:50:55","modified_gmt":"2025-09-13T06:50:55","slug":"blackrock-files-sec-application-for-spot-ethereum-etf","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blackrock-files-sec-application-for-spot-ethereum-etf\/","title":{"rendered":"BlackRock files SEC application for spot Ethereum ETF"},"content":{"rendered":"

BlackRock has filed with the SEC<\/span> a Form S-1 for the registration of a spot ETF<\/a> based on the second-largest cryptocurrency \u2014 the iShares Ethereum Trust.<\/p>\n

Coinbase Custody Trust Company will act as custodian for the investment product.<\/p>\n

iShares Ethereum Trust aims to “fully reflect” the dynamics of ETH. As a benchmark BlackRock selected the CME CF Bitcoin Reference Rate (BRR) from CF Benchmarks, a subsidiary of Kraken.<\/p>\n

The asset manager made a similar choice for a future spot exchange-traded fund based on Bitcoin.<\/p>\n

The asset’s price reacted to the news with a rapid rise from $2030 to $2080, but later corrected to around $2050.<\/p>\n

\"BlackRock
5-minute ETH\/USDT chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

Plans for BlackRock to launch the ETH-ETF became known<\/a> a week earlier. Initially the proposal appeared on the Delaware Department of State’s Division of Corporations website, and then Nasdaq confirmed the registration of the iShares Ethereum Trust.<\/p>\n

In June the company also filed an application<\/a> to launch a Bitcoin ETF. At that time, information on the SEC site appeared seven days after the registration in the aforementioned state.<\/p>\n

Earlier in November, CoinShares analysts noted<\/a> interest among asset managers in Ethereum.<\/p>\n

Geoffrey Kendrick, head of research at Standard Chartered, predicted the price rise<\/a> of the second-largest cryptocurrency to $8000 by the end of 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"

BlackRock filed with the SEC an S-1 form for the registration of a spot ETF based on the second-largest cryptocurrency\u2014the iShares Ethereum Trust.<\/p>\n","protected":false},"author":1,"featured_media":87135,"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],"class_list":["post-87134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blackrock","tag-etf","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87134","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=87134"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87134\/revisions"}],"predecessor-version":[{"id":87136,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/87134\/revisions\/87136"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/87135"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=87134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=87134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=87134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}