Blackrock, the world’s largest asset manager BTC And ETH ETF He had received the approval. Following these approvals, the company, which earned serious profits, has now started to take steps to increase the demand. Ethereum after other exporters 
$3,435.37 Stake wants to integrate into the ETF.
Ethereum News
The agenda in crypto currencies is preparing 93.5 %tax for battery materials for China. Tariff letters continue to be sent. Trump, who forced Powell to resign, has not yet received what he wanted. While all this was happening, ETH ETFs entered a record level yesterday. Ether ETFs, which attract almost as much as BTC, are growing rapidly.
Today Nasdaq, İshares Ethereum He applied for Stake Permission for Trust. Bloomberg ETF analyst James Seyffart wrote the following;
“It was time. The first date of the preliminary applications to allow Ethereum Stakes from Nyse and CBOE to other ETFs. In October October. The deadline date of this special application is at the beginning of April. But I don’t think it will take so long for a potential approval.”
The stake feature for ETH ETF means that investors roughly generate 3 percent revenue annually. Thus, Blackrock can reset management fees and prepare the ground for attractive ETF investment costs as for products such as stock market and gold. Of course, this means that more investors show interest in ETFs.
Dogetoshi said;
“BlackrockETH ETF must make management fees 0 %and then cover these fees by cutting stinging returns. This seems to be the winner of the win-win for them. Robinhood’s “free” ETH investment, such as not taking a commission. ”
ETHBTC and ETH Price Estimation
Exceeding $ 3,400 Eth It is moving towards the point of resistance of $ 3,522. Since the last step for ETF is from Blackrock, the risk appetite may increase. The important detail here is the habit of not getting into a job that Blackrock cannot get results. So the stake feature can be confirmed soon. In this case, ETH now runs to the new AC level with closing over $ 4,000. Support that needs to be protected is in $ 3,150.
ETHBTC The level of 0.0293 was tested in the parity, where the expected scenario is transformed into support of the 0.03 region. In the ETHBTC parity, we see these levels after 145 days, and perhaps we are on the reversal of the decline that has been ongoing for more than a thousand days.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
