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A Spot Ether ETF From The World’s Largest Asset Manager Could Be Imminent After Firm Registers iShares Ethereum Trust In Delaware

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.

ETH Price chart
ETH Price

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.

iShares Ethereum Trust Registration
iShares Ethereum Trust Registration

Meanwhile, Bitcoin bulls continue to cheer as the digital asset shows no signs of slowing down, briefly trading near $38,000 for the first time since May 2022, prior to the collapse of Terra’s ill-fated UST stablecoin.

BTC Price chart
BTC Price

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