BlackRock Registers Ethereum Trust in Delaware, Possibly Preparing for Ether ETF
BlackRock has reportedly registered an Ethereum trust in Delaware, which could be a preliminary step towards an Ether spot ETF. The company had previously registered a Bitcoin trust before filing for a Bitcoin ETF with the SEC. The trust was registered on November 9th and the agent registered is a BlackRock managing director named Daniel Schweiger. ETH has seen a 5.77% increase in value, but BlackRock has declined to comment on the matter. This is a developing story and more information will be added as it becomes available.
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