is ETHB set to reshape crypto ETF market? — TradingView News
BlackRock, the world’s largest asset manager, has officially submitted an application for the launch of a staked Ethereum exchange-traded fund (ETF).
The filing comes as the Ethereum price hovers above $3,100 and looks to bounce amid an overall crypto market uptick.
The asset manager also adds to its suite of ETF filings and joins the race to bring staked ETH ETFs to the market.
BlackRock files for staked ETH ETF
The crypto market has had a rough time in recent weeks, with negative action pushing prices to new lows below $3k.
But despite the negative sentiment that has intensified under macroeconomic uncertainties, a major buzz has continued to swirl around the ecosystem.
BlackRock’s filing of an S-1 registration statement with the…
