Bitcoin News

Ethereum Eyes $2,100 Retest As BlackRock Debuts Staked ETH ETF

1 hour ago

BlackRock, the world’s largest asset manager, has

BlackRock, the world’s largest asset manager, has expanded its digital assets offering and debuted its staked Ethereum (ETH) Exchange-Traded Fund (ETF) on Nasdaq. Amid the news, the King of Altcoins is attempting to break out of its local range to challenge its bearish outlook.

ETH records four consecutive weekly closes below the multi-year uptrend. Source: Rekt Capital

ETH’s performance in the one-week chart. Source: ETHUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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