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Cointelegraph by Marcel Pechman

ETH eyes $2,500 after BlackRock's staking ETF update and $20B RWA lead

Ether has struggled to reclaim $2,500 since Jan. 31, but several institutional signals could improve sentiment. According to US Securities and Exchange Commission filings on Monday, Harvard's endowment added a $87 million position in BlackRock's iShares Ethereum Trust as BlackRock updated its Staked Ethereum ETF to retain 18% of rewards with a 0.25% expense ratio. Ethereum also leads a RWA market that has surpassed $20 billion.