According to ChainCatcher news, as disclosed by Solid Intel, BlackRock has submitted an application to allow its Ethereum Trust to enable a physical redemption mechanism, which means buyback operations will be conducted in the form of ETH Spot.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Market news: BlackRock applies to enable physical redemption for its Ethereum trust.
According to ChainCatcher news, as disclosed by Solid Intel, BlackRock has submitted an application to allow its Ethereum Trust to enable a physical redemption mechanism, which means buyback operations will be conducted in the form of ETH Spot.