BlackRock files Delaware name registration for iShares Staked Ethereum ETF

BlackRock is signaling plans to launch a new staked Ethereum fund by filing a Delaware name registration for the iShares Staked Ethereum Trust ETF. This filing was handled by Daniel Schweiger, a BlackRock managing director who also filed for the firm's initial iShares Ethereum fund. A Delaware name registration is an early public indicator that an ETF is being developed, and a senior Bloomberg analyst suggested the filing for this ETH staking fund is "coming soon."

This move follows Nasdaq's July filing to add staking capabilities to BlackRock's existing iShares Ethereum Trust (ETHA), which is the largest Ethereum ETF by assets under management. While the SEC has been more permissive toward crypto products recently, few funds offering staking rewards have been approved. Grayscale previously received approval to enable staking for its ETHE and ETH products, and REX-Osprey launched staking ETFs using the Investment Company Act of 1940 structure. BlackRock's Head of Digital Assets, Robert Mitchnick, had previously anticipated that the SEC would approve ETH ETF staking as the "next phase."

(Source：The Block)