BlackRock Files With SEC to Include Staking in Ethereum ETF
2025-07-17 20:39:55
Main Idea
BlackRock aims to include staking in its spot Ethereum exchange-traded fund, which could allow the fund to earn yield by validating transactions on the Ethereum blockchain.
Key Points
1. Ethereum funds have attracted $2.3 billion in investment over a nine-day streak.
2. BlackRock's proposed staking functionality for its iShares Ethereum Trust (ETHA) would enable the fund to earn yield by using held ETH to validate transactions.
3. Multiple issuers, including Fidelity, Grayscale, and 21Shares, have submitted similar staking requests to regulators.
4. Bloomberg analyst James Seyffart predicts staking approval by at least Q4 2025, though the final deadline for BlackRock's filing is April 2026.
5. BlackRock's Ethereum fund has been the most successful in its category, with recent trading just below $26, up nearly 1%.
Description
BlackRock aims to include staking in its spot Ethereum ETF, according to a rules change request filed to the SEC.
Latest News
- Ex-Rugby Player Sentenced For $900K Crypto Mining Ponzi Scheme2025-07-18 05:29:01
- ‘Blood Rushing Back’ Into Crypto as XRP, Dogecoin Soar2025-07-18 04:30:41
- Kraken Opens US Futures Trading as Congress Advances Landmark Crypto Bills2025-07-18 03:37:30
- E-Bike Maker’s Shares Soar 135% on $500 Million Bitcoin Treasury Plan2025-07-17 23:02:59
- XRP and Ethereum Are Pumping: Is Solana Next? Here’s What the Charts Say2025-07-17 22:30:42