Ethereum's ETH Skyrockets Above $2K as BlackRock Registers Ethereum Trust in Delaware
BlackRock, the asset management giant, has registered an iShares Ethereum Trust as a corporate entity in Delaware. The filing was submitted by an entity named BlackRock Advisors, with the registered agent listed as Daniel Schwieger, who is also a managing director at BlackRock. The news has caused a surge in the price of ether (ETH), with the cryptocurrency rising by 7% to reach $2,105. BlackRock has declined to comment on the registration.