BlackRock just launched Staked Ethereum ETF (ETHB) on March 12, 2026, marking its first yield‑bearing crypto ETF and third spot crypto ETF overall. The fund stakes a portion of its Ethereum holdings, with Coinbase Prime providing custody and staking services, and distributes rewards to investors. This move highlights BlackRock’s expansion into digital assets as the firm continues to dominate the U.S. crypto ETF market.
ETHB joins BlackRock’s spot Ethereum ETF (ETHA), which holds nearly $6.6 billion in assets, and its spot Bitcoin ETF (IBIT), valued at over $55 billion. The launch comes amid rising demand for yield‑bearing crypto products, with more than 37.6 million ETH staked globally as of March 11, 2026. Entering a competitive field with rivals like REX‑Osprey and Grayscale.