SEC Confirms Received Application to Allow Collateralization for BlackRock’s Ethereum Spot ETF

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On July 30, the U.S. Securities and Exchange Commission (SEC) confirmed receiving an application allowing BlackRock's Ethereum spot ETF to be pledged.

Nate Geraci, president of The ETF Store, stated earlier this year that ETH ETF pledging would occur regardless of circumstances, and would happen faster under the Trump administration.

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