US EditionEther (ETH) ETF News: Staked Ether ETF (ETHB) Coming From BlackRock
BlackRock's iShares Ethereum Staking Trust aims to provide yield exposure to Ethereum through third-party staking, reflecting growing institutional demand and regulatory shifts.
- On December 5, BlackRock filed an S-1 registration with the U.S. Securities and Exchange Commission for the iShares Staked Ethereum Trust ETF , describing a trust tracking ETH price and staking rewards.
- The move builds on an existing $11 billion Ethereum franchise as BlackRock expands its offering after registering the name in Delaware, amid evolving SEC guidance from Gary Gensler to Paul Atkins.
- A layered custody model names Coinbase Custody Trust Company as ETH custodian and The Bank of New York Mellon as cash custodian and administrator, with shares listed on NASDAQ as ETHB using approved third-party staking providers.
- If approved, the ETF may shape regulatory classification and give investors seeking staking exposure without self-staking access under the evolving U.S. regulatory framework regarding staking rewards.
- Investors have pulled more than $2.7 billion from the ETH fund over the five weeks ending Nov. 28, with redemptions continuing Thursday for $113 million amid staking risks including 'slashing'.
31 Articles
31 Articles
BlackRock discovers the staking of Ethereum and invites him to the banquet of returns. But who really dinners at the table? The investor, the institution... or the tax that observes? The article BlackRock enters the staking Ethereum with an unreleased ETF appeared first on Cointribute.
BlackRock files an S1 form to create the iShares Ethereum Staking Trust, an ETF offering an ETH staking performance, which marks its first official initiative in this segment. The relaxation of the regulator's position under Paul Atkins allows the return of the staking in the ETFs, whereas the Gensler era expressly prohibited it. BlackRock and VanEck take advantage of this change to reintroduce the staking in their products. ETHA continues to ex…
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