Ether Soars Above $2K as BlackRock iShares Ethereum Trust Registered As Corporate Entity In Delaware

Markets

Asset management giant BlackRock (BLK) has seemingly registered an iShares Ethereum Trust in the state of Delaware, a filing from Thursday shows.

iShares Ethereum Trust corporate registration (State of Delaware)

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.

23 April

Business

4 days ago

Thailand takes a cue from India and the Philippines, plans to block unlicensed crypto exchanges to combat online crimes. Thai SEC to submit list of offenders to Ministry of Digital Economy and Society. Investors were warned to withdraw funds from unregistered platforms.

General

4 days ago

RFK Jr. proposes putting the entire U.S. budget on blockchain, promises transparency and accountability. Advocates praise the move for revolutionizing public accounting. Some critics raise concerns over CBDC implications.

Tech

4 days ago

Bitcoin's 'DeFi summer' moment is heating up as miners rake in a record $100 million post-halving, fueled by Runes token hype and soaring transaction fees. Analysts suggest this surge reflects a shift towards utility tokens on Bitcoin, potentially unlocking a new market worth billions.

Policy

4 days ago

Hong Kong approves spot Bitcoin, Ethereum ETFs amid growing crypto acceptance. China Asset Management & Harvest Global Investments get conditional approval from SFC.

09 April

Markets

18 days ago

Bitcoin breaks past $71K after flirting with the $70,000 level. Altcoins follow the example with impressive gains. Ethereum reclaims $3,500, while DOGE and WIF soar again. Total crypto market cap surges by $70 billion in just a day.

Policy

18 days ago

Binance executive Tigran Gambaryan pleads not guilty to money laundering charges in Nigeria. Amid accusations and legal battles, Gambaryan asserts innocence as the case unfolds. Regulatory scrutiny intensifies in the crypto industry.

Business

18 days ago

Crypto investment products soar with record year-to-date inflows of $13.8 billion! Despite signs of ETF hype moderating, funds at BlackRock, Fidelity, Grayscale, & more saw $646 million in inflows last week. Bitcoin products dominate, while altcoins like Litecoin & Solana also attract investors.

General

18 days ago

Federal watchdog scrutinizes crypto gaming, citing concerns over trading volumes and worker exploitation. The Consumer Financial Protection Bureau highlights the surge in gaming tokens' market cap, urging caution amidst scams and criminal activities.

Tech

18 days ago

Ethereum's Layer 2 networks are on track to hit a $1 trillion market cap by 2030, according to VanEck analysts. Optimistic Roll-Ups and Zero-Knowledge Roll-Ups are set to revolutionize scalability, unlocking new growth opportunities.

28 March

Markets

one month ago

BTC dominance rises as altcoins retreat. TON leads the drop losing 9% in value. Despite failing to surpass $71,000, BTC holds ground at just under $70,000. Altcoins suffer further retracement, with ETH down 3%. Market cap dips $50B+.

Ether Soars Above $2K as BlackRock iShares Ethereum Trust Registered As Corporate Entity In Delaware

Related news

Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says

NEAR and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

First Mover Americas: Bitcoin Holds Stable as ETF Outflows Increase

ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares

Bitcoin Stable Above $64K While ETF Outflows Hit $200M

Kara Swisher Downplays Crypto's Significance: 'It's Not the Center of Everything'

Ready to explore with XBO.com?