ETH Breaks $2K! BlackRock and BlackRock Prepare to Apply for Ethereum Spot ETF
Twitter account @SummersThings has discovered that BlackRock, in addition to actively seeking a Bitcoin spot ETF, has also registered an “Ether spot ETF” in the state of Delaware. The account stated that when BlackRock applied for a Bitcoin spot ETF in the past, it also registered in Delaware seven days before applying to the SEC.
ETF analyst Eric Balchunas also retweeted this news, and as a result, ETH broke through $2000, with a 24-hour increase of 8%.
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Further reading:
JPMorgan: Bitcoin halving and spot ETF approval already priced in, ETH expected to outperform BTC next year.
CPI meets market expectations, US stocks rise, Bitcoin and Ethereum enter consolidation phase.