BlackRock Files for Ethereum Staking ETF — A New Institutional Wave for $ETH

#BlackRock has officially filed for the iShares Staked Ethereum Trust (ETHB), marking a major institutional step toward yield-generating crypto products. This move signals deepening confidence in Ethereum’s long-term value and strengthens the narrative around staking as a core part of the asset’s economy.

#Ethereum is currently trading around $3,117, up nearly 3% in the last 24 hours as it tests resistance at $3,180. Despite the upward momentum, spot ETH ETFs recorded $75.2M in net outflows on December 5th, reflecting short-term repositioning even as long-term sentiment strengthens.

Technical conditions remain balanced: RSI sits near neutral at 48, while immediate support rests at $3,062. A breakout above $3,226 could trigger a move toward the wider $3,363–$3,566 supply zone, with bulls watching the $3,500 level as the next major target. A downside break may open a retest toward $2,632 and $2,450.

A notable on-chain transfer of 57,617 ETH (~$178.6M) adds further weight to heightened institutional and whale activity around the ETF announcement.

Binance Earn has introduced flexible ETH savings starting from 0.2 ETH, while Sharia Earn—the first Sharia-compliant multi-token staking product—now includes ETH staking options, expanding access for global users.

BlackRock’s ETHB filing is more than just another ETF proposal; it marks a pivotal shift toward structured institutional yield in the Ethereum ecosystem, underscoring the growing demand for scalable and compliant staking solutions.