Ether is trading above $2,000 for the first time since April after it came to light that BlackRock, the world’s largest asset management firm with nearly $10T in AUM, has registered an entity called the iShares Ethereum Trust in Delaware.
The registration was first spotted by X user Summers on Delaware’s Division of Corporations website. They noted that BlackRock created a similar entity a week before filing its spot Bitcoin ETF application with the SEC.
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#undefined [Source: TheDefiant]