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TechFlow reported, according to official filings, BlackRock has submitted its S-1 application for a spot Ethereum ETF to the SEC.
Among other details, the filing designates Coinbase as the custodian for the underlying ETH. It does not appear to mention whether the trust will actively stake ETH and distribute dividends to shareholders from the staking yields.
According to official filings, BlackRock has submitted its S-1 application for a spot Ethereum ETF to the SEC. Among other details, the document designates Coinbase as the custodian for the underlying ETH. There is no apparent mention of whether the trust will actively stake ETH and distribute dividends to shareholders from the staking yields.
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