BlackRock quietly submitted a document that ignited a new round of frenzy in the cryptocurrency market

Starting from Thursday evening Beijing time,Ethereum (ETH), the world's second largest cryptocurrency, has surged from $1900 to over $2000 in a short period of timeThis is also the first time this alternative asset has reached this integer level since April this year.(ETHUSD time-sharing chart, source: TradeView)It is reported that the reason for triggering this round of revelry can generally be said to be a "small move" by asset management giant BlackRock

Starting from Thursday evening Beijing time,Ethereum (ETH), the world's second largest cryptocurrency, has surged from $1900 to over $2000 in a short period of timeThis is also the first time this alternative asset has reached this integer level since April this year.

(ETHUSD time-sharing chart, source: TradeView)

It is reported that the reason for triggering this round of revelry can generally be said to be a "small move" by asset management giant BlackRock.

IShares Ethereum TrustAsset management giant is preparing for the second cryptocurrency spot fund.

Based on this summer's experience,BlackRock submitted an application to the US SEC to register and issue Bitcoin spot ETFs one week after registering for Bitcoin Trust.6250003.6.

(Source: Trading View)

ETF..

After that,Although the US SEC rejected Grayscale's application to convert Bitcoin trusts into spot ETFs, this decision was rejected by a US court.

VanEckETFETF.

ETF.

The SEC's attitude remains unclear

ETFSEC.

SEC Chairman Gensler publicly stated on Wednesday that,The existing securities laws can fully cover the entire cryptocurrency field, but there are many people in this industry who are not compliant with the law.6SEC150Coinbase.

Why should we let a non compliant fraudster enter our market?

This article originates from Cailian News Agency

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