ETF
BlackRock, the worlds largest asset manager, has officially submitted its application for the iShares Ethereum Staking Trust (ETHB), a major step toward bringing on-chain staking yield to traditional investors
Key Points:
▪ BlackRock filed an S-1 with the SEC, beginning the review process.
▪ The ETF would provide direct exposure to Ethereum staking rewards without users needing to stake themselves.
▪ This comes as the SEC’s stance on staking shifts under new Chair Paul Atkins, following previous restrictions under Gary Gensler.
▪ BlackRock already runs the $11B iShares Ethereum Trust (ETHA), but the new product will be separate, dedicated specifically to staking.
▪ Multiple issuers, including BlackRock and VanEck, are now re-filing products with staking features as regulatory tone softens
👉 Keep in mind: The filing initiates the SEC’s review process, but the official approval or denial clock won’t start until the fund’s listing exchange submits its separate 19b-4 form
