“The robust demand for the iShares Bitcoin Trust underscores investors’ preference to access a cryptoasset through the convenience of the iShares investment platform. The launch of the iShares Ethereum Trust ETF has enabled us to now provide investors access to the two largest cryptocurrencies by market cap,” said Jay Jacobs, U.S. Head of Thematic and Active ETFs.
The iShares Ethereum Trust ETF is underpinned by the same institutional grade technology and risk management expertise used for iShares’ 1,400+ ETFs globally.
“The launch of the iShares Ethereum Trust ETF adds to our digital assets offering and simplifies investor access to an asset that has the potential to support a different and wide range of blockchain applications,” said Robert Mitchnick, Global Head of Digital Assets at BlackRock (NYSE:BLK). “This latest offering is a testament of our commitment to driving innovation for our clients.”
ETHA follows the iShares Bitcoin Trust (IBIT), which was launched in January 2024. BlackRock’s digital assets product suite demonstrates the firm’s ongoing dedication to giving clients access to new and evolving corners of the market.
To learn more about the iShares Ethereum Trust ETF, visit iShares.com/ETHA
Source: Cryptocurrency - investing.com
