BlackRock Ethereum Trust Formation Propels ETH Beyond $2K Mark

BlackRock, the renowned asset management giant, has maintained silence regarding the recent filing associated with the iShares Ethereum Trust. According to documents filed on Thursday, it appears that BlackRock has officially registered this trust in the state of Delaware.

The entity responsible for the registration paperwork is identified as BlackRock Advisors. Of particular interest, the filing designates Daniel Schwieger as the registered agent. Notably, a person with the same name holds the position of managing director at BlackRock, as indicated on LinkedIn.

Despite the intriguing nature of these developments, a spokesperson for BlackRock has chosen not to disclose any information or comment on the matter.

Against the backdrop of an already positive trend in the crypto markets on that particular day, the news regarding BlackRock's potential involvement added a further boost to market sentiment. Ether (ETH) experienced a significant surge, marking an approximate 7% increase in the session and reaching a valuation of $2,105.

"Ethereum Investment: iShares Ethereum Trust Registers in Delaware
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