News 🗞
Bitcoin is nearing $38,000, while the cryptocurrency market, currently valued at around $1.4 trillion, has experienced nearly a $100 billion increase in one day, marking a 4% growth.
BlackRock, managing assets worth around $10 trillion, has obtained legal approval for a new Ethereum fund, iShares Ethereum Trust, signaling continued institutional interest in the crypto market. Despite this, BlackRock has not officially commented on whether the fund is for an Ethereum ETF or a trust. Meanwhile, the price of Ethereum has returned to $2,050 for the first time since April.
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