PiCK

BlackRock files with the U.S. SEC for a spot Ethereum ETF with staking support

Suehyeon Lee

Summary

BlackRock said it filed with the U.S. Securities and Exchange Commission (SEC) for a spot Ethereum (ETH) ETF that supports staking.
BlackRock said it submitted an amended S-1 filing for the launch of the spot Ethereum ETF “ETHB (iShares Staked Ethereum Trust ETF).”
BlackRock said 70%–95% of ETHB’s assets under management will be used for staking via third-party custodians, with ETF holders receiving staking rewards and an annual fee of 0.25%.

BlackRock has filed with the U.S. Securities and Exchange Commission (SEC) for a spot Ethereum (ETH) exchange-traded fund (ETF) that supports staking.

According to SEC documents dated the 23rd (local time), BlackRock on the 17th filed an amended S-1 registration statement for the launch of the spot Ethereum ETF “ETHB (iShares Staked Ethereum Trust ETF)” with staking support.

Some 70%–95% of ETHB’s assets under management are expected to be used for staking through third-party custodians such as Coinbase, and ETF holders will be able to receive staking rewards. The fee is said to be 0.25% per year, and for the first year after listing it will be set at 0.12% (for holders with less than $2.5 billion).

ETH