Ibahagi ang artikulong ito

BlackRock's Ethereum ETF Plan Is Confirmed in Nasdaq Filing

The world's largest asset manager has already made waves by seeking to list a bitcoin ETF

Na-update Nob 10, 2023, 4:10 p.m. Nailathala Nob 9, 2023, 9:33 p.m. Isinalin ng AI
jwp-player-placeholder

BlackRock wants to create an ETF that holds Ethereum's ether [ETH], a plan that deepens the world's largest asset manager's commitment to cryptocurrencies.

Following the news, ETH's price surged to its highest level of the day near $2,100, up about 3% versus just before the filing came out. It later gave back about half that gain, though it remains up about 9% versus 24 hours earlier.

STORY CONTINUES BELOW
Huwag palampasin ang isa pang kuwento.Mag-subscribe sa Crypto Daybook Americas Newsletter ngayon. Tingnan lahat ng newsletter

The company's plan was revealed in a filing by Nasdaq, the U.S. exchange where BlackRock will seek to list the product – which will need regulatory approval. Earlier Thursday, it emerged that the corporate entity "iShares Ethereum Trust" had been registered in the state of Delaware; iShares is the name of BlackRock's ETF division.

BlackRock has already made waves in crypto by seeking to list a bitcoin ETF, the sort of easy-to-trade product that could dramatically broaden access to crypto to average investors. CEO Larry Fink has become a vocal supporter of crypto, reversing his previous skepticism.

Read more: BlackRock CEO's Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred

According to the filing, U.S.-based crypto exchange Coinbase would be the custodian for the ether held by the product, while an unnamed third party would hold its cash.

BlackRock also has a market-surveillance pact with Coinbase; such surveillance-sharing agreements appear to be key to getting such ETFs approved by the U.S. Securities and Exchange Commission.

The filing appeared to try and preempt possible SEC objections to the surveillance-sharing aspect, saying Blackrock believes the prices for CME Group's ether futures (and there are already ETFs that hold those) closely match spot ETH prices.

"Either CME surveillance can detect spot-market fraud that affects both futures ETFs and spot [exchange-traded products], or that surveillance cannot do so for either type of product," the filing said. "Having approved ETH futures ETFs in part on the basis of such surveillance, the Commission has clearly determined that CME surveillance can detect spot-market fraud that would affect spot ETPs, and the Sponsor thus believes that it must also approve spot ETH ETPs on that basis."

UPDATE (Nov. 9, 2023, 22:00 UTC): Adds ETH's rally.


Higit pang Para sa Iyo

Protocol Research: GoPlus Security

GP Basic Image

Ano ang dapat malaman:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

Higit pang Para sa Iyo

French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients

(CoinDesk)

The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.

Ano ang dapat malaman:

  • French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
  • The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
  • The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.