BlackRock Registers Ethereum Trust in Delaware

BlackRock Registers Ethereum Trust in Delaware

By Miles

09 Nov 2023 (6 months ago)

1 min read

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BlackRock hints at Ether ETF with new trust, as Ethereum's value climbs 5.77%.

BlackRock may be moving towards an Ether ETF, starting with a new Ethereum trust in Delaware.

After setting up a Bitcoin trust in June, BlackRock seems to be preparing for an Ether-based ETF with a recent registration.

The trust was formed on November 9, with BlackRock director Daniel Schweiger listed as the agent.

Ethereum's value went up by 5.77% reaching $2,000, but BlackRock hasn't made any official statements despite questions.

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