Ethereum Skyrockets on BlackRock's Ethereum ETF Announcement
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.
