BLACKROCK APPEARS TO TAKE FIRST STEPS TOWARD AN ETHER ETF

Summary from the TLDR Crypto newsletter

BlackRock has reportedly started setting up an Ethereum ETF, as indicated by a recent registration for an iShares Ethereum Trust. This caused Ethereum’s price to spike along with the rest of the crypto market. Although the SEC has not yet approved a Bitcoin ETF, market participants seem to think BlackRock is confident it will be approved if they are already preparing an Ethereum ETF as well.