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BlackRock Officially Files Spot Ethereum ETF Application

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BlackRock, one of the world’s biggest asset managers, officially filed its Spot Ethereum ETF with Nasdaq today. The company’s plan was revealed in a filing by the U.S. exchange where BlackRock will seek to list the product. JUST IN: $9 trillion asset manager BlackRock officially files for Spot Ethereum ETF with Nasdaq. — Watcher.Guru (@WatcherGuru) November 9, 2023 Early Thursday afternoon, BlackRock registered its iShares Ethereum Trust in Delaware. A Spot Ethereum ETF , like BlackRock’s pending Spot Bitcoin ETF , will need regulatory approval by the SEC. Spot ETF s dramatically broaden access to crypto for average investors, which has been a growing mission amongst asset managers like BlackRock, Grayscale, and others for months. However, the SEC has been avidly battling against it. Bloomberg analyst Eric Balchunas calls the iShares Ethereum trust the “first step towards filing for a spot Ether ETF .” Now, the next step has been t...

XRP Holder's Lawyer Reveals One Unique Thing About His Clients

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The Deaton Perception of XRP Holders According to Deaton, the 75,000 XRP holders are a mix of a very diverse set of individuals composed of Republicans, Democrats, Independents, Progressives, Conservatives, Capitalists, Socialists, and Libertarians amongst others.  advertisement This diversity pushed Deaton to opine that the whole crypto narrative should be a bipartisan subject. Deaton made these comments in response to earlier tweets from Jason Gottlieb who noted that though he is a Democrat, he believes in the progressive case for crypto, in contrast to the perceived crackdown on the industry as championed by Senator Elizabeth Warren and SEC Chairman, Gary Gensler. One the best things about the 75K # XRP holders who joined together, is the diversity. Republicans, Democrats, Independents, Progressives, Conservatives, Capitalists, Socialists, Libertarians, etc. Crypto should be a bipartisan issue. When it appeared to me that the incumbent… https://...