Speculation is buzzing around BlackRock and their latest move involving an Ethereum trust, leading to increased speculation of a potential exchange-traded fund (ETF) linked to the popular digital token.
![Blackrock has officially registered the iShares Ethereum Trust as a Delaware statutory trust. Photo: Shutterstock](https://krugmaninsights.com/wp-content/uploads/2023/11/iStock-1219303761-1024x682.jpg)
This could potentially serve as a significant step towards obtaining regulatory approval for an ETF.
Nasdaq has also jumped into the mix by filing a proposal to list and trade shares of the trust.