#BlackRock Ethereum Trust Successfully Registered in Delaware with ETH Surging 12%#
On November 9, according to relevant data, BlackRock’s iShares Ethereum Trust was successfully registered in Delaware. Bloomberg ETF analyst Eric Balchunas posted on social media that with the successful registration of BlackRock’s iShares Ethereum Trust in Delaware, BlackRock has taken the first step towards applying for an Ethereum spot ETF. ETH rose by more than 12% in a single day, successfully reaching $2,100, and tokens such as OP, LDO, ARB, and SSV all rose sharply.
Latest
Featured
avatar
The ticker is ETH
Vitalik: Now, is it okay for the price to rise? “$ETH is a store of value and one of the most important applications on the Ethereum network.” Vitalik has clearly separated the Ethereum network from the Ethereum coin, $ETH, since its inception. He has repeatedly stated in the past that, “$ETH price increases could be problematic as they increase the cost of using the Ethereum network.” This time, Vitalik has described $ETH as both a “store of value” and an “application with utility.” Currently, $ETH’s primary utilities are as follows: - Collateral asset for securing the PoS Ethereum network - Fees (Gas) for network usage - A central asset for the on-chain economy of Ethereum and the entire Ethereum ecosystem (L2, EVM chains, etc.) Notably, this is the first time Vitalik has explicitly referred to $ETH as a "Store of Value." This implies that even if the price of $ETH rises sufficiently, it will no longer lead to structural problems for the Ethereum network. The following structural changes likely underlie this shift in perception: 1. A dramatic decrease in verification costs after the ZK transition The cost of network verification is expected to decrease dramatically after the introduction of ZK technology, and the minimum entry requirement for validators is also likely to be significantly lowered (32 ETH → 1 ETH) in the long-term roadmap. This means $ETH This means that rising prices no longer directly hinder the decentralization of the Ethereum network. 2. Continuously Expanding L1 Block Space Ethereum's L1 block size is rapidly expanding, which suggests that network usage costs have fallen sufficiently to support the $ETH price increase, and are likely to fall further in the future. 3. Purpose-Specific and Performance-Specific Scaling through L2 Specific purposes that are difficult to achieve on L1 (such as censorship, privacy, and ultra-high-speed transactions in milliseconds) can be sufficiently scaled through L2. In other words, the structure where rising ETH prices directly led to decreased network usability has already been resolved. 4. The Misconception of an "Infinite Issuance Asset" Many people still perceive $ETH as an asset with an infinite issuance. However, Ethereum's structure actually allows for more ETH to be burned than issued as network usage increases. While the transition to an L2-centric architecture led to a decrease in L1 usage and burn for a while, L2s are also currently paying significant fees to Ethereum. Additionally, trends such as - rapidly increasing L1 scalability - adoption as a global payment layer through stablecoins and RWA are increasing the likelihood that Ethereum will become a deflationary asset with a gradually decreasing net issuance. Conclusion $ETH is no longer simply a coin consumed as gas fees. It is the asset that ultimately captures the value of all economic activity occurring throughout the Ethereum ecosystem. In other words, $ETH itself is an application with significant utility and a store of value.
ZK
7.99%
avatar
Crypto Market Aggregator|币圈新闻汇总
[2/3] (TechFlow | TechFlow | Foresight News | TechFlow TechFlow | Cointelegraph) Market Analysis 1. BTC extreme volatility: After rebounding from around $60,000 to $71,751, it fell back, with short sellers liquidating over $487 million in the last 24 hours. BTC rebounded strongly from around $60,000 to $71,751 (a maximum rebound of approximately +19.6%) before falling back to around $70,000; ETH briefly dipped below $2,000 before rebounding above $2,100. Data shows that short covering exceeded $487 million in the past 24 hours. (BlockBeats | TechFlow TechFlow | Foresight News | PANews) 2. The Fear & Greed Index fell to 6 (extreme fear), a historically rare low. The crypto Fear & Greed Index dropped to 6 (previous value 9), indicating "extreme fear"; the report pointed out that such a low level is rare in history. (BlockBeats | Foresight News | TechFlow TechFlow) 3. Arthur Hayes: The plunge may be related to structured products and hedging around IBIT; IBIT options trading hit a record high. Arthur Hayes believes this week's BTC crash "may" be related to traders/market makers' involvement with BlackRock's IBIT-related structured products and hedging; a related report mentioned that IBIT options saw a record 2.33 million contracts traded on the day of the crash. (BlockBeats | CoinDesk | X) 4. VanEck & Glassnode: Leverage reduction and increased on-chain losses, but not yet reaching the on-chain threshold of "extreme panic". VanEck points out that this round of sell-off may not have a single trigger, with futures open interest falling from a peak of about $90 billion to about $49 billion; Glassnode believes that on-chain behavior is characterized by a "deep bear" but without extreme panic, with the "market loss level" around $60,000 being about 24%. (BlockBeats) ━━ Project Updates ━━ 1. Coinbase adds Superform (UP) to its listing roadmap. Coinbase has added Superform (UP) to its listing roadmap, with the specific listing date to be announced later once certain conditions are met. (BlockBeats | Foresight News) 2. Coinbase announced support for the Sui token standard and explored custody and treasury management cooperation with Sui. Coinbase will provide token standard support for Sui assets; Coinbase Institutional and Sui are further discussing cooperation on custody and treasury management services. (Foresight News) 3. Aave Founder | _2024111120230_ | Sold approximately 6,204 ETH and increased his AAVE holdings in the past 24 hours. On-chain monitoring shows that it sold approximately 6,204 ETH in 24 hours (at an average price of approximately $1,916) and used some of the funds to buy AAVE. (BlockBeats | Foresight News | TechFlow) 4. Vitalik donated to Shielded Labs to support the development of Zcash's "Crosslink" security upgrade. The funds will be used to advance the Zcash consensus security upgrade Crosslink (introducing a parallel finality layer to enhance the PoW chain's resistance to reorganization/rollback), prototype engineering, and incentivized testnets. (Foresight News) 5. Project teams adjust their schedules: INFINIT postpones unlocking; Cap delays ICO; Lorenzo launches new yield products and incentive systems. INFINIT has postponed the initial investor unlock from February 7, 2026 to May 7, 2026, and extended the lock-up period for core contributors; Cap announced that it has postponed its Uniswap ICO originally scheduled for February 9 due to market conditions; Lorenzo Protocol plans to launch BNB+ OTF, introduce Lorenzo Earn, and launch a PoC community incentive system. (Foresight News | Foresight News | Odaily | TechFlow | Foresight News) ━━ Other ━━ 1. Binance discloses its 2025 law enforcement assistance: seizure of approximately $131 million in illicit assets and response to 71,000+ requests. Binance stated that in 2025, it assisted global law enforcement agencies in seizing approximately $131 million in illicit assets and responded to 71,000+ law enforcement requests. (Foresight News) 2. Trump signed an executive order authorizing tariffs on Iranian goods (not yet imposed immediately), and stated that he will continue consultations with Iran.
IBIT
307.72%
avatar
Crypto Market Aggregator|币圈新闻汇总
[1/3] [Crypto and Traditional Finance News Roundup] 2026-02-07 16:00 (Beijing Time) ━━ Important News ━━ 1. The China Securities Regulatory Commission (CSRC) issued and implemented the "Regulatory Guidelines for the Issuance of Asset-Backed Securities Tokens (RWA) by Domestic Assets Overseas". The CSRC issued the "Regulatory Guidelines for the Issuance of Asset-Backed Securities Tokens (RWA) by Domestic Assets Overseas" (〔2026〕No. 1) and it came into effect immediately. The guidelines implement strict supervision and a filing system for "issuing tokenized equity certificates (ABS-like tokens) overseas with domestic assets/cash flow as support". The guidelines require domestic filing entities to submit a filing report and a complete set of overseas issuance materials, and list various prohibited situations such as those involving national security, major criminal offenses, major ownership disputes, and negative lists. (BlockBeats) 2. The US CFTC reissued an employee letter: limited revisions to the definition of "payment stablecoins," including the National Trust Bank. The CFTC’s Market Participation Division reissued Employee Letter No. 25-40 with limited revisions, clarifying that the “national trust bank” can be an approved issuer of payment stablecoins, thus avoiding its exclusion by definition. (Foresight News) 3. The White House will hold another discussion on "stablecoin yields" on February 10. It is expected that the first meeting between banks and industry organizations will be held at the staff level, but it is also expected that bank representatives and industry trade/association groups will attend together for the first time, with the topic focusing on "stablecoin yields". (BlockBeats | Foresight News | Odaily | TechFlow TechFlow) 4. South Korean company Bithumb mistakenly "airdropped/transferred" 620,000 BTC, claiming to have recovered 99.7% and has restricted trading and withdrawals. Bithumb disclosed that due to an internal operational error, a total of 620,000 BTC (approximately 2.95% of the total BTC supply) was mistakenly recorded/transferred to 695 customers. Trading and withdrawals were restricted for 35 minutes after the erroneous payment occurred. The company stated that no funds were transferred to external addresses and that 618,212 BTC (99.7%) has been recovered, along with approximately 93% of the 1,788 BTC equivalent that had already been sold. The incident has sparked controversy regarding "ghost balances/internal control vulnerabilities" at centralized exchanges, and South Korean regulators have reportedly intervened. (BlockBeats | Odaily | TechFlow TechFlow | velo.xyz | BlockBeats) 5. The U.S. Office of the Comptroller of the Currency (OCC) has approved Erebor Bank's application for a nationwide banking license. The bank reportedly intends to provide services to technology companies in the AI, crypto, defense, and manufacturing sectors, as well as related high-net-worth individuals. (TechFlow | Foresight News) 6. Arweave (AR) Network Anomaly: No new blocks produced for more than 24 hours. Block explorer data shows that Arweave has not produced any blocks for more than 24 hours, with the last block height being approximately #1,851,686 (11:18:15 Beijing time on February 6). (BlockBeats | Foresight News | TechFlow | ViewBlock) 7. On-chain monitoring: Trend Research nearly liquidated its ETH holdings and significantly reduced leverage, with estimated cumulative losses of approximately $747 million. Monitoring shows that Trend Research (owned by Yilihua) previously withdrew approximately 792,500 ETH from Binance (at an average price of approximately $3,267), and subsequently deposited back approximately 772,900 ETH at an average price of approximately $2,326, leaving only approximately 21,300 ETH on-chain; the estimated cumulative loss is approximately $747 million. Its lending positions have also decreased to only 2, with total debt of approximately $25 million (health coefficient approximately 1.38–1.58). Further monitoring indicates an address association with the entity labeled "BTC OG/Agent Garrett Jin". (Foresight News | BlockBeats | Odaily | Foresight News) 8. Institutional and On-Chain Fund Movements: BTC whale transferred funds to Binance; Circle issued 1.5 billion USDC on Solana in 9 hours. On-chain monitoring indicates that "BTC OG/related whale" transferred 5,000 BTC to Binance in a short period of time, and another address deposited 1,599 BTC in 2 hours; at the same time, Circle issued 1.5 billion USDC on the Solana chain in 9 hours, and the cumulative issuance on the Solana chain since 2026 is approximately US$14.75 billion. (BlockBeats | Foresight News | BlockBeats | BlockBeats | TechFlow TechFlow) 9. ETF Updates: BTC spot ETF saw net inflows of $330.7 million; ETH spot ETF saw net outflows of $21.3 million; 21Shares submitted an application for an Ondo (ONDO) ETF. The US BTC spot ETF saw net inflows of approximately $330.7 million yesterday (with IBIT contributing the most), while the ETH spot ETF saw a net outflow of approximately $21.3 million yesterday. Bloomberg ETF analysts and media information indicate that 21Shares has submitted relevant applications/documents for an Ondo (ONDO) ETF.
SOL
2.3%
loading indicator
Loading..