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TL;DR
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On Monday when we reported that BlackRock filed for an Ethereum ETF, that wasn’t entirely true. It was more that BlackRock was preparing to file.
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The good news is: As of this past Wednesday, BlackRock officially filed an S-1 form with the SEC for its iShares Ethereum Trust, a spot ether exchange-traded fund (ETF).
Full Story
Ok, so we have to come clean…
We lied to you.
Or at least, we got a little ahead of ourselves.
See, on Monday when we reported that BlackRock filed for an Ethereum ETF, that wasn’t entirely true.
It was more that BlackRock was preparing to file.
Our apologies! In the words of our friends and family we can “get a little too excited about this crypto stuff,” and “need more hobbies.”
The good news is:
As of this past Wednesday, BlackRock officially filed an S-1 form with the SEC for its iShares Ethereum Trust, a spot ether exchange-traded fund (ETF).
(Aka a way for investors to buy Ethereum on the stock market and avoid a bunch of legal red tape – which in theory, should attract a bunch of new money to ETH).
Meaning all of the positive momentum and reasons to get excited listed in Monday’s article still stands.
(Man it feels good to get that off the ol’ chest).
