Ethereum Skyrockets on BlackRock's Ethereum ETF Announcement

TL;DR Summary
Staking tokens, including Lido Finance's LDO and RocketPool's native token, have experienced significant gains following the news of BlackRock filing for an "iShares Ethereum Trust" entity, hinting at plans for an Ethereum ETF. LDO has surged over 20% overnight and 37% in the past week, while RocketPool's token has risen over 20% in the last 24 hours. These tokens provide users with access to staked versions of Ethereum, allowing them to participate in the liquid staking process. The filing has also driven the price of Ethereum itself to surpass $2,000 for the first time since July.
- Staking Tokens Post Double-Digit Gains on BlackRock Ethereum ETF Hype Decrypt
- Ether Tops $2K as BlackRock’s Ethereum ETF Plan Is Confirmed in Nasdaq Filing CoinDesk
- Ethereum co-founder Vitalik Buterin makes $57m in one day on ETF news crypto.news
- Ethereum Rockets Past $2,100 as BlackRock Files for Ethereum ETF with NASDAQ Decrypt
- "I Don't See a Reason for the SEC to Deny the ETH ETF," said Bloomberg Analyst Eric Balchunas Yahoo Finance
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