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.
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.
Edited by Stephen Alpher.