BlackRock’s move to register an iShares Ethereum Trust in Delaware signaled a potential game-changer for Ethereum as an institutional-grade investment. Ethereum (ETH) surged on the news, breaking above $2,000 for the first time since July. Understanding the ETH/BTC ratio’s behavior is crucial in dissecting the market’s response to such developments, offering an alternative perspective to […]
BlackRock Ethereum ETF sparks surge in ETH/BTC ratio BlackRock Ethereum ETF sparks surge in ETH/BTC ratio
The ETH/BTC ratio's spike and the increased trading activity mean heightened market attention for Ethereum following BlackRock's ETH ETF filing.
3 min read
Updated: Nov. 9, 2023 at 6:06 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
Bitcoin
$96,698.05
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
BlackRock
BlackRock, synonymous with global asset management, is an American multinational investment management corporation based in New York City.