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This development was disclosed through a note in the Foundation's GitHub repository, with a record dated 26 February 2024.

State authority launches confidential inquiry into Ethereum Foundation

The fund will be based on the Ethereum blockchain and will comprise tokenised assets, a modern approach blending traditional finance with digital innovation.

BlackRock launches new tokenised asset fund on Ethereum blockchain

The SEC is given up to 90 days to respond to this new amendment, with the deadline for a decision set for 23 May.

Fidelity expands Ethereum ETF proposal with new staking feature