BlackRock's filing for an Ethereum spot ETF with the SEC has had a bullish effect on the crypto market, helping Ethereum to get past the critical resistance of $2,000 for the first time in six months. The filing is a significant milestone in the crypto world and has stirred the Ethereum market, drawing keen investor interest . The ETF will hold Ethereum's ether (ETH) . The filing reveals that Coinbase would be the custodian for the ether held by the product, while an unnamed third party would hold its cash. BlackRock has already made waves in crypto by seeking to list a bitcoin ETF, the sort of easy-to-trade product that could dramatically broaden access to crypto to average investors . CEO Larry Fink has become a vocal supporter of crypto, reversing his previous skepticism .

It is important to note that the price of Ethereum is influenced by a variety of factors, including supply and demand, market sentiment, and adoption rates. While the news of BlackRock's filing for an Ethereum spot ETF has had a positive impact on the price of Ethereum, it is difficult to predict how the price will behave in the future.