NASDAQ SEC files Square files to tell Stoke Ethereum Etf star-news.press/wp

The NASDAQ stock exchange submitted a request to the US Securities and Stock Exchange Committee (SEC) on Wednesday on behalf of Blackrock to add the ISHARES ETHER (ETH) managing box (ETH) from the Asset Manager (ETH).

if to request It is approved, the fund will give investors to be subject to the accumulated bonuses from the use of the basic ether as a side security of the ETHEREUM consensus algorithm.

In May, SEC was released guidance Classification of bonuses acquired from health verification services on Blockchain proving networks as acquired income instead of securities transactions subject to capital profit tax.

SEC Staking has opened the doors for institutional investors to gain the return on their ETH possessions, a major advantage for Tradfi institutions that must produce income or cash flow for shareholders.

Related to: Ethereum becomes the assets of the Favorite Treasury Department of Technology: Ray Youssef

The amazing ether supplies are struck at all, supported by institutional purchase

“Ethereum begins to look hybrids between technical stocks and digital currency,” said Ray Youssef, CEO of Finance App Noones. “This appeals to the treasury strategies who look beyond negative storage.”

ETHEREUM Treasury companies received 540,000 ETH, at a value of $ 1.6 billion using current market prices, last month for companies reserves.

In June, the amount of ETH Stapled reached the highest level ever, with 28 % of the circulating offer for network security.

The amount of ETH Stapted was the highest new level ever of 36,036,981 in July, which represents more than 29 % of the trading offer, according to Sand dunes.

The high demand for ETH is also reflected in powerful ETF flows during June and July, after the performance that stopped earlier this year due to macroeconomic fears and trips to safety of risk origin.

Capital flows to the raised investment vehicles were positive for 11 out of 12 days trading, According to For investors Farside, with more than $ 726 million flowing to the investment funds circulated on Wednesday.

Institutional interests attracting a major priority for the renewed ETAREUM Corporation, which supported the creation of Etherealize, a marketing company charged with the institutional investor exhibition of the Layer-1 smart contract.

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