BlackRock files for listing staked Ether ETF

BlackRock, a major US asset management company, has filed a Form S-1 registration statement with the SEC for its iShares Staked Ethereum Trust exchange-traded fund. If approved, this ETF would provide investors with indirect exposure to staked Ether, potentially becoming one of the first such offerings in the industry following the approval of spot Ether ETFs in May 2024. The fund is intended to be listed and traded on the Nasdaq under the ticker ETHB. While the filing initiates the SEC review process, approval is not guaranteed. This move follows other recent staking-related filings by competitors like Grayscale and Bitwise for other cryptocurrencies. BlackRock CEO Larry Fink has shown a significant shift in his views on crypto over the years, despite previously expressing skepticism.

(Source：Cointelegraph)