#Balckrock has been making significant moves recently. Here are some updates ¹ ²:
- *Ethereum ETF Update*: BlackRock updated its S-1 filing for the iShares Ethereum Trust (ETHA) to enable in-kind creation and redemption. This could simplify ETF share transactions and increase efficiency.
- *Launch of Ethereum ETF*: BlackRock's iShares Ethereum Trust ETF launched on July 18, 2024, and debuted on Nasdaq on July 22, 2024.
- *Purchase of Ethereum*: After the updated filing, BlackRock purchased 7,976 ETH valued at approximately $18.9 million, increasing the total holdings of the iShares Ethereum Trust to over 1 million ETH, worth around $2.9 billion.
- *Market Insights*: BlackRock's Investment Institute provides weekly market commentary and quarterly investment outlooks, offering insights on various asset classes, including municipal bonds and cryptocurrencies.
- *Product Updates*: BlackRock has been strengthening its thematic equity offering with new ETFs, such as the U.S. Manufacturing ETF, and adding Max Buffer ETF to its active ETF platform.
For the latest updates and news on BlackRock, you can visit their official website or check out their press releases.