Breaking: BlackRock, Bitwise Updates Spot Ether ETF Application

Leading asset managers BlackRock and Bitwise have taken a pivotal step towards securing approval for spot Ethereum (ETH) exchange-traded funds (ETFs). Both firms have filed updated applications with the U.S. Securities and Exchange Commission (SEC), revising their filings in response to the agency’s request for additional information amid impending approvals.

Asset giants BlackRock and Bitwise revise Ether ETF filings

BlackRock, the world’s largest asset manager with $9 trillion in assets under management, has filed an updated 19b-4 form for its spot Ethereum ETF application. The move comes as the firm aims to capitalize on the SEC’s shifting stance towards cryptocurrency-based ETFs.

Bitwise Asset Management is Joining BlackRock in the race for a spot in the ETH ETF. The firm has also submitted an updated application, aligning with the SEC’s requirements as the agency prepares for potential approvals.

This is a developing story.

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