Ethereum Price Saw Uptick, Hiked over 18%; Gas Fees Also Jumped

Ethereum Price Saw Uptick, Hiked over 18%; Gas Fees Also Jumped

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ETH is trading at $2108 witnessing an 18% hike in the past seven days. 
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The transaction fees on Ethereum and Bitcoin blockchains reportedly saw a hike.
Crypto Exchange-Traded Funds (ETFs) are gaining industry-wide interest with the involvement of some big names in the finance sector. Even a slight development pushes the crypto market up. Recently, BlackRock reported filing iShares Ethereum Trust, an Ethereum (ETH) based ETF, with the Delaware Department of State Division of Corporation. 
After the filing, the corporation’s website started reflecting the Ethereum ETF filing from the biggest asset management firm. 
As seen in the past, the cryptocurrency’s price shot up after the news surfaced in the market. Ethereum price saw an immediate jump of 8% and later continued the surge. According to the CoinMarketCap data, ETH is currently trading at $2,108 witnessing an increase of nearly 18% in the past seven days. 
Ethereum ETF filing from BlackRo

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