Summary
- Unfolded reported that Nasdaq has received an application from BlackRock to launch the iShares Ethereum (ETH) Staking Exchange-Traded Fund (ETF).
- It was announced that this ETF is designed not only to hold Ethereum, but also to generate income through staking.
- BlackRock's application for an Ethereum staking ETF is seen as a signal that institutional investors' interest in digital assets is expanding to ETH.
On the 17th (local time), the on-chain data platform Unfolded reported via X (formerly Twitter) that Nasdaq has received an application from BlackRock to launch the iShares Ethereum (ETH) Staking Exchange-Traded Fund (ETF).
This ETF is designed not only to hold Ethereum, but also to generate income through staking.
Previously, BlackRock emerged as one of the most notable players in the Bitcoin (BTC) spot ETF market, and this application for the Ethereum Staking ETF is interpreted as a signal that institutional investors' interest in digital assets is expanding to ETH.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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