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BlackRock Takes First Step Toward a Staked Ether (ETH) ETF

CoinDesk
BlackRock filed for the iShares Staked Ethereum Trust ETF, signaling intent to launch a yield-bearing ether product.

Summary

BlackRock has initiated the process for launching a staked ether ETF by registering the iShares Staked Ethereum Trust ETF in Delaware on November 19th. Although this is only an initial step and not a formal SEC application, it indicates the asset manager is preparing for a yield-bearing ether product. This move follows similar actions by issuers like VanEck and occurs while regulators have yet to provide clarity on whether staking can be included in U.S. ETFs, following the SEC's previous requirement to strip staking features from the first wave of spot ETH ETFs launched in 2024.

(Source:CoinDesk)