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BlackRock Preps Staked Ethereum ETF Launch—But Vitalik Buterin Warns Against 'Wall Street Capture'
BlackRock's new ETF combines ETH exposure with about 3.95% annual staking yield, targeting yield-focused investors amid rising institutional demand for staked Ethereum.
- BlackRock registered the iShares Staked Ethereum Trust as a new statutory trust in Delaware, expanding beyond ETHA, Bloomberg's Eric Balchunas reported.
- Integrating staking into the ETF would let BlackRock lock up ether to validate transactions and earn ~3.95% annual rewards amid a more crypto-friendly regulatory stance.
- Institutions now hold over $18 billion in ETH through ETFs, while ETHA has attracted $13.1 billion since launch and around 35.7 million ETH are staked, worth $108 billion.
- Turning an ETH fund into a total-return product would appeal to yield-focused institutions, while staked ETH ETFs from Grayscale and REX-Osprey have already begun trading, intensifying competition as BlackRock pushes staking yield.
- Speaking at Devconnect in Buenos Aires, Vitalik Buterin warned that mega-asset manager accumulation risks 'community erosion' and protocol trade-offs as Ethereum trades above $3,000.
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32 Articles
BlackRock Files Delaware Name Registration For IShares Staked Ethereum ETF
BlackRock appears to be looking to launch a new staked Ethereum fund, according to Delaware name registration on Wednesday. The iShares Staked Ethereum Trust ETF filing was submitted by the same registration agent, Daniel Schweiger, a BlackRock managing director, who filed the asset manager’s first iShares Ethereum fund in late 2023. A Delaware name registration is one of the first public signals that a new exchange-traded fund is in the works…
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Total News Sources32
Leaning Left0Leaning Right1Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
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