BlackRock is Confirmed Filed the $ETH Spot ETF Application

Blackrock’s plans for a spot Ethereum exchange-traded fund (ETF) has now been confirmed, per a 19b-4 form filing submitted to the United States Securities and Exhange Commission on Nov. 9.

Nasdaq made that filing for the proposed ETF called the iShares Ethereum Trust. The proposed ETH ETF would be use Coinbase Custody Trust Company as custodian.

Earlier on Nov. 9, it emerged that BlackRock registered corporate entity iShares Ethereum Trust in Delaware, the first hint that a spot Ethereum ETF filing could be imminent.

Bloomberg ETF analyst James Seyffart noted that there are at least five firms in the running to win the Securities and Exchange Commission’s approval for a spot Ethereum ETF.

Among them are VanEck, ARK 21Shares, Invesco, Grayscale and Hashdex.