Odaily News Nasdaq has submitted BlackRocks proposed spot Ethereum ETF iShares Ethereum Trust application to the U.S. SEC. The ETF will use Coinbase Custody Trust Company as the custodian and use the CME CF Ether-Dollar reference rate. In addition, other asset management companies such as Grayscale, Ark Invest, ProShares and Valkyrie have also submitted spot Ethereum ETF applications. It’s worth mentioning that any approval could take months, and the SEC has delayed existing applications for a proposed Bitcoin spot ETF multiple times. (The Block) Yesterday’s news, according to information forwarded by Bloomberg ETF analyst James Seyffart, BlackRock registered an Ethereum trust in Delaware. Disclosure document information shows that the registered entity is called ISHARES ETHEREUM TRUST.