BlackRock Registers iShares Ethereum Trust, Ethereum Surges Above $2,000 to Seven-Month High on Nasdaq Filing

BlackRock, a $9 trillion asset manager, has registered an iShares Ethereum Trust in Delaware, potentially signaling the arrival of an Ethereum ETF. This move has caused the price of Ethereum to surge above $2,000, reaching a seven-month high. The filing with NASDAQ for an ETH-based ETF has further boosted the price of $ETH.