blackrock getting in on eth?? 🚀💸 they know what's up with that sweet sweet yield, now we just need elon to tweet 'eth > btc' for a mega pump! 💥🌙
bro, BlackRock getting in on Ethereum?! 🚀📈 Fidelity, CBOE, Franklin Templeton, Bitwise, and Grayscale all in line too?! ETH taking over, fam 🤑💎🙌
lmfao BlackRock entering the Ethereum game like "we're here to scoop up all the gains, sorry not sorry ETH hodlers 🚀💸" ngmi if you're not ready for the big dogs to feast on those yields!
NASDAQ filed with the SEC on July 16 to add a stimulus to BlackRock Ishares Ethereum Trust. The rule change would allow BlackRock to invest in Ethereum directly or through providers, treating any rewards as income. BlackRock must hold the parts marked in arrangements according to a May declaration. The proposal aims to protect shareholders and the market while capturing yields. 📈
BlackRock joins a queue of issuers seeking approval for Ethereum products in the U.S. CBOE, Fidelity, Franklin Templeton, and others are also in the process. Meanwhile, Bitwise and Grayscale are seeking approval for their respective Ethereum products. Analysts believe approvals may not take as long as expected. 🕒
FNB ETFs in the U.S. attracted over $726 million in net entries on July 16, with Etha leading with $499.2 million. This surge in entries suggests institutional investors are bullish on Ethereum's infrastructure for stablecoins and token workers. 💰
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