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Ether Tops $2K as BlackRock’s Ethereum ETF Plan Is Confirmed in Nasdaq Filing

BlackRock wants to create an ETF that holds Ethereum's ether (ETH), a plan that deepens the world's largest asset manager's commitment to cryptocurrencies. Following the news, the price of ETH surged nearing $2,100 on Thursday and rose about 3% versus just before the filing came out. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De weighs in on the possible industry and regulatory implications.

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Merkado

Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge

Bitcoin hit an 18-month high near $38,000 before pulling back sharply.

ETH price (CoinDesk)

Pananalapi

BlackRock's Ethereum ETF Plan Is Confirmed in Nasdaq Filing

The world's largest asset manager has already made waves by seeking to list a bitcoin ETF

BlackRock CEO Larry Fink (Michael M. Santiago/Getty Images)

Merkado

Wild Bitcoin, Ether Price Swings Spur $400M of Crypto Liquidations, the Most Since August

BTC and ETH both surged to milestone levels amid bitcoin ETF optimism, but some shorts and longs got badly burned.

Crypto liquidations per asset (CoinGlass)

Merkado

Coinbase, Ether Liquid Staking Tokens Lido, RocketPool Surge on BlackRock ETH ETF News

The iShares Ethereum Trust was registered as a corporate entity in the state of Delaware earlier Thursday.

LDO price (CoinDesk)

Merkado

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)

Opinyon

Bitcoin ETFs: A Surge of Fresh Capital or Speculation From Crypto Insiders?

How capital from BTC ETFs, if and when approved by the U.S. Securities and Exchange Commission, will eventually trickle down.

BlackRock headquarters (Shutterstock)

Pananalapi

BlackRock's Bitcoin ETF Might Have Trading Support of Heavyweights Like Jane Street, Jump and Virtu: Source

Amid the crypto crackdown, a BTC ETF, if approved, would open a new pathway for U.S.-based firms to get a piece of the crypto action – in a way that plays to their conventional strengths.

BlackRock headquarters (Shutterstock)

Pananalapi

Crypto's Darkest Hour, and the Bright Day Ahead

There really is a crypto future worth fighting for if we can just leave the crypto clowns behind.

(Aleksandr Barsukov/Unsplash)

Pananalapi

BlackRock Bitcoin ETF in August Got on DTCC Site That Just Belatedly Moved Markets

The price of bitcoin surged on Monday after BlackRock’s proposed ETF showed up on the DTCC’s website and dropped when it vanished Tuesday.

(Shutterstock)