iShares Ethereum ETF Surpasses $1 Billion in Assets, Leading U.S. Ethereum ETFs
BlackRock’s iShares Ethereum ETF (ETHA) has now crossed the $1 billion mark in assets, positioning it as one of the top-performing ETFs in the U.S. within just two months. This rapid growth places it in the top 20% of over 3,700 ETFs in the country, reflecting strong demand for Ethereum exposure through regulated financial products.
Nate Geraci, president of The ETF Store, highlighted the fund’s strong early performance, noting that it has become a key entry point for institutional and traditional investors into the cryptocurrency market. The iShares Ethereum ETF has quickly amassed significant assets under management, largely driven by the increasing interest in Ethereum.
The rise in spot Ethereum ETFs has coincided with a broader market recovery in the cryptocurrency space, attracting significant inflows from investors looking to capitalize on the rebound.
SEC Delays Decision on Ethereum ETF Options Trading
While the iShares Ethereum ETF has seen rapid success, the U.S. Securities and Exchange Commission (SEC) has delayed decisions on allowing options trading for Ethereum ETFs, including the iShares Ethereum ETF. The SEC extended its review of a proposal by Nasdaq ISE to permit options trading on the fund, leaving uncertainty about when such products will become available to investors.
In addition, the SEC is also postponing decisions on similar proposals for other Ethereum-related funds, such as the Bitwise Ethereum ETF and the Grayscale Ethereum Trusts. This delay leaves investors awaiting further clarity on when they will be able to trade options on Ethereum ETFs.
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