Nov 10, 2023

On Thursday, a Nasdaq filing confirmed BlackRock's plan to file for an ETH-based exchange-traded fund (ETF).

Video transcript

The chart of the day is presented by crypto dot com. The leading crypto platform trusted by over 80 million users worldwide. All right, let's take a look at the chart of the day. Ether is stealing some of the spotlight from Bitcoin after asset management giant Blackrock laid the groundwork to list an Eth exchange traded fund on Thursday. It surged past $2000 yesterday hitting a seven month high. The rally comes after a filing showed a corporate entity named Ishares Ethereum Trust had been registered in the state of Delaware, the legal home of many us businesses. Similar move happened over the summer with Blackrock's Ishares Bitcoin Trust. The Delaware corporate registration came just after the actual ETF application hours after the Delaware filing and NASDAQ filing confirmed Blackrock's plan for an either focused ETF on the week E has risen roughly 14%. That's it for today's chart of the day. I'm Jen San Nai. We'll see you next time to unpack more of the data behind top news stories.

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