BlackRock Files for an Ethereum Spot ETF Boosting ETH By 10%
BlackRock's Ethereum ETF filing boosts Ethereum price by 10%, now at $2,106.
BlackRock has filed for an Ethereum Spot ETF, with details found on Nasdaq's site.
The Nasdaq listing describes BlackRock's move to trade shares of an Ethereum-based fund.
BlackRock's registration of the iShares Ethereum Trust in Delaware hinted at this ETF application, which has now been confirmed.
Previously, BlackRock registered documents before applying for a Bitcoin ETF. This time, they quickly followed the registration with an Ethereum ETF application on the same day.
After this news got out, Ethereum Price Went up 10% and is Currently Trading at $2,106.
Below is a chart showing Ethereum's Price movement in the past 7 days https://coinpaprika.com/coin/eth-ethereum/
