Ethereum ushered in a strong rise today (December 10), with the price successfully rising above the $3,300 mark and approaching 3,400 in a straight line, with an intraday increase of more than 5.7%. This is the highest level since November 13, marking a significant recovery in market sentiment.

This round of rise is driven by multiple benefits. The most direct reason is that BlackRock, the world's largest asset management company, submitted application documents for the iShares Ethereum Staking Trust (ETHB) to the US SEC on December 8. This product allows investors to obtain both ETH price income and staking income, which greatly stimulates the market's imagination of Ethereum's "interest-bearing asset" attributes. Additionally, the U.S. Office of the Comptroller of the Currency (OCC) has confirmed that banks can conduct "risk-hedged principal" transactions in cryptocurrencies, clearing the way for traditional capital to enter more compliantly. Follow me to share strategies and exciting content every day!