$ETH BlackRock Files For iShares Staked Ethereum Trust ETF

Asset management giant BlackRock has officially filed a prospectus (Form S1) with the SEC for the iShares Staked Ethereum Trust ETF.

🔸 This marks BlackRock 4th crypto ETF product following Spot BTC, Spot ETH, and a yield bearing BTC fund. Unlike the previously approved Spot ETH ETFs which were stripped of staking rewards, this new fund proposes a Staking mechanism. This means BlackRock intends to use the fund ETH to secure the network and earn rewards (3 to 4% APY), distributing this yield to investors.

🔸 Holding ETH without Staking is like holding cash under a mattress instead of a savings account. This fund unlocks Ethereum Native Yield for institutional investors.

🔸 If approved, Ethereum effectively becomes a Tech Bond in the eyes offering both capital appreciation and regular dividends. This is a massive catalyst for ETH price.

Do you think the SEC will greenlight the Staking ETF, paving the way for the era of mainstream ETH Yield?

News is for reference, not investment advice. Please read carefully before making a decision.