March 5, 2024

BlackRock iShares Ethereum Trust registered in Delaware

The new corporate entity could signal an upcoming SEC filing.

BlackRock has apparently registered an Ethereum trust in the state of Delaware, which is possibly a first step toward an Ether (ETH) spot exchange-traded fund (ETF). 

BlackRock registered an analogical Bitcoin (BTC) trust in June, shortly before filing with the United States Securities and Exchange Commission (SEC) for a Bitcoin ETF. 

The entity has been registered by the state’s Division of Corporations with a formation date of Nov. 9. The agent registered is Daniel Schweiger at the address of BlackRock in Wilmington, DE. According to LinkedIn, Schwieger is a BlackRock managing director. 

Related: SEC’s first window to approve all 12 spot Bitcoin ETFs to begin today

ETH has risen 5.77%. BlackRock declined to comment in response to Cointelegraph inquiries.

This is a developing story, and further information will be added as it becomes available.