Update: BlackRock Introduces Staked $ETH Trust

BlackRock listed ETHB on Nasdaq today — the iShares Staked Ethereum Trust.

Key details:

• Stakes 70%-95% of $ETH holdings to earn validator rewards

• Fee: 0.25% standard, waived to 0.12% promotional

• Existing ETHA holds $6.5Bn but does not generate staking yield

$ETH moved shortly after the news: +2.8% overnight, trading above $2,100.

This development highlights a structural change. Institutional investors that previously held ETH through passive products may now access staking rewards through a regulated vehicle.

Market participants are watching how price behaves around the $2,100 level.

#Ethereum #ETH #BlackRock #StakedETH #CryptoETF

ETH

2,111

+2.34%