Short News View Non-AMP

BlackRock Eyes Direct ETH Redemptions with New Filing

Published by
Qadir AK

BlackRock has filed to allow in-kind redemptions for its Ethereum Trust, a move that would let the firm buy back Ethereum (ETH) directly instead of using cash. This change would align the trust more closely with how spot ETFs operate and could offer investors greater flexibility and efficiency. If approved, it signals growing institutional confidence in Ethereum and the broader crypto market, paving the way for more traditional finance players to enter the space.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Bitcoin Price Live, Traders Eye $97K Dip as Key Entry Point

Following Bitcoin’s drop below the $100,000 mark over the weekend, fresh narratives are surfacing about…

June 25, 2025

Morgan Stanley Predicts 7 Fed Rate Cuts by 2026: Will Crypto Rally Again?

Morgan Stanley has just dropped a big prediction: the Federal Reserve is expected to cut…

June 25, 2025

Bitcoin Supply Shock Ahead? Max Keiser Predicts Major Price Surge

Bitcoin is back in the headlines as Max Keiser, a longtime supporter of the cryptocurrency…

June 25, 2025

Fact Check: Is Elon Musk Buying XRP (Ripple)?

Is Elon Musk planning an investment in Ripple’s XRP? A recent viral post has claimed…

June 25, 2025

Hyperliquid Price Prediction 2025, 2026 – 2030: Will HYPE Price Hit A New ATH?

Story Highlights The live price of the Hyperliquid crypto is . The 2025 HYPE price…

June 25, 2025

Pi Network Price Prediction 2025, 2026 – 2030: Why Is Pi Coin Dropping?

Story Highlights Pi Coin Live Price is Banxa integrates with Pi, acquiring 10 million PI…

June 25, 2025