Nasdaq has submitted a BlackRock Ethereum spot ETF application to the U.S. SEC

Nasdaq has submitted an application to the US SEC for BlackRock's proposed Ethereum spot ETF, "iShares Ethereum Trust". The Ethereum ETF will use Coinbase Custody Trust Company as its custodian and will use the CME CF Ether-Dollar reference rate.

Other asset management companies such as Grayscale, Ark Invest, ProShares, and Valkyrie have also submitted applications for Ethereum spot ETFs.

Earlier, ChainCatcher reported that BlackRock had registered an Ethereum trust in Delaware.