‼️ BlackRock files for ETHB staking fund
🔷 The world's largest asset management company has officially filed for the creation of an exchange-traded fund based on Ethereum staking called iShares Ethereum Staking Trust (ETHB).
According to BlackRock's statement, the fund is designed to track the price of Ethereum and collect yield from staking. The fund structure does not include leverage, derivatives, or lending, and it will operate as a simple passive investment vehicle.
✅ The existing BlackRock fund - iShares Ethereum Trust (ETHA) will exist separately from ETHB.
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