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BlackRock iShares Ethereum Trust registered in Delaware

BlackRock has registered an Ethereum trust in the American state of Delaware, which is possibly a first step toward a spot Ether exchange-traded fund (ETF). BlackRock registered its Bitcoin trust in June, shortly before filing with the United States Securities and Exchange Commission for a Bitcoin ETF. The entity has been registered by the state’s Division of Corporations with a formation date of Nov. 9. There have been several previous SEC applications for spot ETH ETFs, although none have been approved yet. BlackRock is the world’s largest asset manager with around $9 trillion in assets under management.

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