BlackRock Files for New Staked Ethereum ETF, ETHB, to Offer Yield to Investors
BlackRock has filed with the SEC to launch a new spot Ethereum exchange-traded fund (ETF) that incorporates staking, under the proposed ticker symbol ETHB. This is a separate product from its existing spot Ethereum ETF, which trades under the ticker ETHA and does not currently stake its ether holdings. The move, filed on December 8, 2025, reflects growing institutional interest in generating yield from crypto assets and a more favorable regulatory environment for staking.
The existing iShares Ethereum Trust (ETHA) has approximately $11.131 billion in total net assets and its current price per share is around $29.43 as of December 8, 2025.
Key Details of the New ETF
Ticker Symbol: The new product will trade under the ticker ETHB.
Staking Intent: The fund intends to stake between 70% to 90% of its ether holdings under normal market conditions and distribute the rewards to shareholders.
Custodians: Coinbase Custody Trust Company is listed as the primary custodian for the trust, with Anchorage Digital Bank serving as an alternative custodian.
Purpose: The ETHB ETF is designed to give investors exposure to both Ethereum's price movements and the additional yield generated from staking, without needing to manage the complexities of staking themselves.
Regulatory Shift: The filing comes amid a changing U.S. regulatory landscape, with a new SEC chair and a more open stance towards staked crypto products, including the recent approval of staked Solana funds.
The current average annual return for ETH staking is around 3.95%, which has the potential to make the new ETHB more attractive to yield-focused investors compared to the existing spot-only ETFs.
I can provide a side-by-side comparison of the key differences between BlackRock's existing ETHA ETF and the proposed ETHB ETF—covering fees, staking potential, and asset management. Would that help you understand the investment potential?
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