According to a Securities Exchange Commission (SEC) filing, the Nasdaq exchange filed a rule change application with the SEC to allow the iShares Ethereum Trust to make physical redemptions. The specific changes include: adding Anchorage Digital Bank as another Ethereum custodian; allowing authorized participants to make share redemptions through physical Ethereum as an alternative to the existing cash redemption process; and changing the name of the fund to iShares Ethereum Trust ETF.
BlackRock's iShares Ethereum Trust said it would list and trade on the Nasdaq exchange under the ticker symbol "ETHA".