Will the Blackrock Ethereum Private Trust Be Launched in 2023?

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 an eligible investment to its flagship Global Allocation Fund, which is worth around $15 billion.

I find out that certain influencers are speculating about the possibility of the Blackrock Ethereum Private Trust becoming a reality well in 2023.

If the Ethereum Trust goes on to be launched, it could go out as a huge statement to the potential investors who vary in the crypto market after the FTX collapse. From Ethereum’s perspective, it will be a welcome move, especially in the context of the upcoming Shanghai upgrade, the biggest since The Merge.

Personal experience has taught me that whenever I start using a new project or start to inform about it, I always wait a bit to hear what other people have to say about it and their experiences with it. Since dyor is obviously essential, I believe I'll do the same with this one as well. The latest research I did was on CoinFantasy, now, this one attracted me so much and I'm pretty hyped about it.

Blackrock CEO said tokenization of securities would be the future in the space. 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.

Though, this would only be speculation although it is possible that Blackrock is working on such a move already. What do you think, should we expect Blackrock Ethereum Private Trust to become a reality?