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.
Among them are VanEck, ARK 21Shares, Invesco, Grayscale and Hashdex.
In no particular order.
— James Seyffart (@JSeyff) November 9, 2023
The price surge has helped ETH claw back some market dominance against Bitcoin (BTC), which has outperformed ETH in recent months.
ETH’s market dominance now sits at 17%, up 1.3% percentage points prior to the news.