BlackRock’s iShares Ethereum Trust ETF (ETHA), begins trading today on Nasdaq. ETHA seeks to track the price of Ethereum’s native token, ether, and carries a 0.25% sponsor fee with a one-year waiver reducing the fee to 0.12% on the first $2.5B assets under management (AUM)1.
“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…
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