BlackRock Files for Ethereum ETF After Bitcoin Trust Filing

[coingabbarmarket]

BlackRock Pursues Ethereum ETF Amid Growing Crypto Interest
BlackRock, the world's largest asset manager, has filed for a spot Ethereum exchange-traded fund (ETF) with the SEC. The iShares Ethereum Trust ETF aims to mirror Ether's price performance.

This step follows BlackRock's earlier filing for the iShares Bitcoin Trust. The asset manager's engagement in crypto ETFs signals growing institutional interest in digital assets.
https://www.coingabbar.com/en/crypto-shorts-news

[Themepen]

It's cool to see that BlackRock, which is the biggest company that manages money, is asking for permission to create an investment fund for Ethereum.They already asked for permission to create a similar fund for Bitcoin before. This shows that big companies are becoming more interested in digital money because they see that it could be valuable.The iShares EthereumTrust ETF wants to copy the price changes of Ether, which is the currency used on the Ethereum network. This shows that more and more people think Ethereum is worth a lot. t will be interesting to see what happens next and how it affects all the different digital money.