BlackRock Files to List iShares Staked Ethereum Trust ETF
BlackRock has filed with the U.S. Securities and Exchange Commission to register the iShares Staked Ethereum Trust exchange-traded fund, seeking to list and trade shares on Nasdaq under the ticker ETHB. If approved, the fund would provide investors indirect exposure to staked Ether.
The submission, made on Friday via a Form S-1 registration statement, is part of the SEC’s standard review process for new exchange-traded products and does not ensure approval.
If cleared, ETHB could be among the first U.S. offerings linked to staked cryptocurrencies. The SEC approved spot Ether ETFs in May 2024 but has not authorized many staking-focused products since. In October, Grayscale added staking functionality to its previously approved spot ETH and mini ETH trusts. Canary Capital filed with the SEC in July for a staked Injective (INJ) product, and in October, Grayscale and Bitwise launched separate staking offerings tied to Solana (SOL).
BlackRock also manages the largest spot Bitcoin (BTC) ETF, the iShares Bitcoin Trust, which trades under the ticker IBIT.
Larry Fink, BlackRock’s co-founder and CEO, was critical of Bitcoin ahead of the 2017 rally, saying the asset “shows you how much demand for money laundering there is in the world.” In recent years, as U.S. digital asset markets expanded, he has expressed more supportive views on crypto-related investments, backing BlackRock’s launch of a spot Bitcoin ETF and other products. At The New York Times’ DealBook Summit last week, Fink said he had a “big shift” in his perspective on crypto, while still describing BTC as an “asset of fear.”
Stay informed, read the latest news right now!
Disclaimer
The content on TrustsCrypto.com is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile, always do your own research before making decisions.
Some content may be assisted by AI and reviewed by our editorial team, but accuracy is not guaranteed. TrustsCrypto.com is not responsible for any losses resulting from the use of information provided.
