SEC asks for comments on BlackRock’s amended spot Ethereum ETF proposal | Headlines | News | CoinMarketCap

04/24/2024 03:17
SEC asks for comments on BlackRock’s amended spot Ethereum ETF proposal | Headlines | News | CoinMarketCap

The U.S. Securities and Exchange Commission is asking for public comments on changes made to BlackRock's proposed spot Ethereum exchange-traded fund. …

The U.S. Securities and Exchange Commission is asking for public comments on changes made to BlackRock's proposed spot Ethereum exchange-traded fund.

The world's largest asset manager is vying along with others for a spot Ethereum ETF, though optimism that one could get the SEC's greenlight in the next month has diminished. BlackRock filed for its spot Ethereum ETF in November 2023, naming it the iShares Ethereum Trust, and said it seeks to "reflect generally the performance of the price of ether."

In January, the SEC delayed making a decision on BlackRock's spot Ethereum ETF and on April 19, Nasdaq filed an amendment to the proposal.

"The Commission is publishing this notice to solicit comments on the proposed rule change, as modified by Amendment No. 1, from interested persons," the …

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