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ETH Soars Above $2K as BlackRock iShares Ethereum Trust Registered as Corporate Entity in Delaware

BlackRock declined to comment on the filing mentioning the iShares Ethereum Trust.

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)
BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

Asset management giant BlackRock (BLK) has seemingly registered an iShares Ethereum Trust in the state of Delaware, a filing from Thursday shows.

An entity under the name of BlackRock Advisors submitted the paperwork. The registered agent, according to the filing, is Daniel Schwieger. A person with the same name is on LinkedIn as a managing director at BlackRock.

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A representative for BlackRock declined to comment on the news.

Already up on the session in line with a general rally in crypto markets, ether [ETH] shot even higher on the news, now ahead about 7% for the session to $2,105.

iShares Ethereum Trust corporate registration (State of Delaware)
iShares Ethereum Trust corporate registration (State of Delaware)

Helene Braun

Helene is a New York-based markets reporter at CoinDesk, covering the latest news from Wall Street, the rise of the spot bitcoin exchange-traded funds and updates on crypto markets. She is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.

Helene Braun