BlackRock Files Application to Launch a Spot Ethereum ETF
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Nasdaq has filed with the US Securities and Exchange Commission (SEC) an application on behalf of BlackRock to list the iShares Ethereum Trust, a spot Ethereum ETF.

If the application is approved by the regulator, the product will be listed on the platform.

According to the document, Coinbase will act as the ETF's custodian.

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The company also filed an application in June to launch a Bitcoin-based exchange-traded fund.

BlackRock's assets under management at the end of June totaled $8.59 trillion.

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BlackRock yesterday registered the iShares Ethereum Trust corporate entity in Delaware shortly before the firm's plans to launch the product were confirmed with the Nasdaq filing.

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