Introduction: BlackRock, one of the world's largest asset management companies, recently launched its iShares Ethereum ETF (ETHA) in the U.S. market. This ETF has seen tremendous success, surpassing $1 billion in assets in just two months. Let's take a closer look at what has contributed to its success and why it's becoming a popular choice among investors. What is an ETF? ETF stands for exchange-traded fund, which is a type of investment fund that holds a basket of assets such as stocks, bonds, or commodities. ETFs are traded on stock exchanges, making them easily accessible to investors. They offer diversification, liquidity, and lower fees compared to mutual funds, making them a popular choice among investors. Why Ethereum? Ethereum is a decentralized blockchain platform that supports smart contracts and decentralized applications. It is the second-largest cryptocurrency in terms of market capitalization and has been gaining traction among major institutions...
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