Coinbase, Ether Liquid Staking Tokens Lido, RocketPool Surge on BlackRock ETH ETF News

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Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.

liquid staking platforms as well as Coinbase shares surged Thursday on hope asset management giant BlackRock may soon file to offer a spot ether exchange-traded fund .BlackRock Advisors as a corporate entity in Delaware. News of the filing Thursday morning sent ether soaring to as high as $2,100 – its strongest level since April's Shanghai upgrade. It's since pulled back to $2,006, still ahead 6% for the session.

Crypto exchange Coinbase – which also has a large market share as ETH depositors for staking – was higher by 8% at press time. Coinbase charges 25% commission on user rewards earned by staking.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a.

Source: News Formal (newsformal.com)

 

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