Nasdaq files application to add staking for BlackRock iShares ETH ETF
2025-07-17 21:08:54
Main Idea
Nasdaq has filed an application with the SEC to add staking functionality to BlackRock's iShares Ethereum ETF, which could provide investors with exposure to Ethereum's proof-of-stake rewards.
Key Points
1. Nasdaq submitted an SEC application on behalf of BlackRock to enable staking for its iShares Ethereum ETF.
2. If approved, the ETF would allow investors to benefit from Ethereum's proof-of-stake consensus rewards.
3. The staked Ethereum supply reached an all-time high in July, accounting for over 29% of circulating ETH.
4. Institutional demand for Ethereum is rising, with significant inflows into ETH ETFs in recent months.
5. The Ethereum Foundation is actively working to attract institutional investors through initiatives like Etherealize.
Description
Staking for crypto exchange-traded funds has been a feature long sought by traditional financial institutions and asset managers.
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