BlackRock’s iShares Ethereum Trust ETF Set to Launch
The registration statement for BlackRock’s iShares Ethereum Trust ETF (ETHA), has been declared effective by the
"Our clients are increasingly interested in gaining exposure to digital assets through exchange-traded products (ETPs) which provide convenient access, liquidity and transparency," said
The iShares Ethereum Trust ETF (ETHA) offers exposure to the Ethereum's native token, ether, the second largest cryptocurrency by market capitalization.2 Ethereum, a global technology platform, is similar to an app store that generates value for ether as usage increases and more applications are built on top of it.
Over the last 12 months, iShares has launched 170 ETFs and ETPs including the iShares
With over 20 years of experience and more than 1,400 ETFs globally, iShares has helped millions of investors access different corners of the market. Every iShares product is underpinned by decades of investment expertise and institutional grade technology.
To learn more about the iShares Ethereum Trust ETF filing visit: https://www.sec.gov/Archives/edgar/data/2000638/000143774924023199/iset20240720_424b3.htm
About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
About iShares
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1400+ exchange traded funds (ETFs) and
Important Information
A registration statement has been filed for the iShares Ethereum Trust ETF (“the Trust”) and the registration statement has become effective. However, shares of the Trust are not yet available for purchase or sale. Carefully consider the Trust’s investment objectives, risk factors, and charges and expenses before investing. This information must be accompanied or preceded by a current iShares Ethereum Trust ETF prospectus and iShares
The iShares Trusts are not investment companies registered under the Investment Company Act of 1940, and therefore are not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940. Investments in these products are speculative and involve a high degree of risk.
Investing involves a high degree of risk, including possible loss of principal. An investment in the Trust is not suitable for all investors, may be deemed speculative and is not intended as a complete investment program. An investment in Shares should be considered only by persons who can bear the risk of total loss associated with an investment in the Trust.
Investing in digital assets involves significant risks due to their extreme price volatility and the potential for loss, theft, or compromise of private keys. The value of the shares is closely tied to acceptance, industry developments, and governance changes, making them susceptible to market sentiment. Digital assets represent a new and rapidly evolving industry, and the value of the Shares depends on their acceptance. Changes in the governance of a digital asset network may not receive sufficient support from users and miners, which may negatively affect that digital asset network’s ability to grow and respond to challenges Investing in the Trust comes with risks that could impact the Trust's share value, including large-scale sales by major investors, security threats like breaches and hacking, negative sentiment among speculators, and competition from central bank digital currencies and financial initiatives using blockchain technology. A disruption of the internet or a digital asset network would affect the ability to transfer digital assets and, consequently, would impact their value. There can be no assurance that security procedures designed to protect the Trust’s assets will actually work as designed or prove to be successful in safeguarding the Trust’s assets against all possible sources of theft, loss or damage.
The Trust may incur certain extraordinary, non-recurring expenses that are not assumed by the Sponsor.
The iShares Ethereum Trust ETF (the “Trust”) is not sponsored, endorsed, issued, sold or promoted by Stiftung Ethereum (the "
Shares of the Trust are not deposits or other obligations of or guaranteed by
©2024
_________________
1 BlackRock will waive a portion of the Sponsor’s Fee for the first 12 months commencing on
2 Source: The Block, as of
View source version on businesswire.com: https://www.businesswire.com/news/home/20240722299039/en/
Press Contacts:
[email protected]
Source: BlackRock
USD/ZAR Analysis: Accepted Equilibrium and Speculative Price Realm – 22 July 2024
Trump appeals 'excessive' $454M New York civil fraud judgment
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News