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ETH Soars Above $2K as BlackRock iShares Ethereum Trust Registered as Corporate Entity in Delaware
BlackRock declined to comment on the filing mentioning the iShares Ethereum Trust.
Updated Nov 9, 2023, 4:25 p.m. Published Nov 9, 2023, 3:32 p.m.
Asset management giant BlackRock (BLK) has seemingly registered an iShares Ethereum Trust in the state of Delaware, a filing from Thursday shows.
An entity under the name of BlackRock Advisors submitted the paperwork. The registered agent, according to the filing, is Daniel Schwieger. A person with the same name is on LinkedIn as a managing director at BlackRock.
A representative for BlackRock declined to comment on the news.
Already up on the session in line with a general rally in crypto markets, ether [ETH] shot even higher on the news, now ahead about 7% for the session to $2,105.
Helene Braun
Helene is a New York-based news reporter at CoinDesk, covering news about Wall Street, the rise of the spot bitcoin exchange-traded funds (ETFs) and updates on crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show on Spotify and Youtube. Helene is a recent graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
