Blackrock Ethereum Private Trust: Likely To Be Launched In 2023?

Blackrock Ethereum Private Trust: Following the launch of Blackrock spot Bitcoin Private Trust in August 2022, the crypto community was overjoyed. This was because Blackrock is the world’s largest fund manager, meaning potentially the most influential institutional investor the community would have asked for. In fact, as recently as January 2023, Blackrock added Bitcoin as a qualifying investment to its flagship global allocation fund, which is worth about 15 billion dollars.

Also Read: Elon Musk Shares Massive Earning Potential For Twitter’s Content Creators

Against this backdrop, some influencers are speculating that the Blackrock Ethereum Private Trust may materialize well in advance of 2023. If the Ethereum Trust goes on to be launched, it could go out as a huge statement to the potential investors who are vary of the crypto market after the FTX collapse. From an ethereum point of view, this will be a good thing, especially in the context of the next Shanghai upgrade, the most important since the merger.

Launch of dark rock ethereum in 2023?

Blackrock has clearly indicated that they will expand their presence in the digital asset industry. In fact, Larry Fink, the CEO of Blackrock, has said that the tokenisation of securities is the way forward in this area. In this context, Lark Davis, a crypto influencer, is speculating that Blackrock would launch the Ethereum fund in 2023 itself, considering the asset manager’s interest in the tokenization space. In the current scenario, however, it would just be speculation, even if it is possible that blackrock is already working on such a measure.

Also Read: Will Metaverse Tokens Outperform Bitcoin (BTC) And Ethereum (ETH) In 2023?