BlackRock Doubles Down on Crypto with New Staked Ethereum ETF Play
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BlackRock is signaling its next major move in the digital asset space: a staked Ethereum ETF. A new Delaware registration for the “iShares Staked Ethereum Trust” reveals the firm’s intent to allow investors to earn rewards on their holdings, a feature highly sought after in the crypto community.
This positions BlackRock to compete directly with rivals like 21 Shares and Grayscale, who have similar proposals.
The move builds on the success of BlackRock’s existing ETHA fund, which, despite recent outflows, remains the largest Ethereum ETF with $11.5 billion in assets. With regulatory winds shifting, the race to launch the first U.S. staked ETH ETF is officially heating up.
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