$PIPPIN
BlackRock has officially filed for a staked Ethereum ETF (ETHB) with the U.S. Securities and Exchange Commission, proposing to stake 70-90% of its ETH holdings to generate yield for investors.
Key Proposal Details
• The ETF would hold spot Ethereum while staking a significant portion to earn rewards through Ethereum’s proof-of-stake mechanism.
• Staking allocation targets 70-90% of assets, balancing yield potential with liquidity and regulatory compliance
