Odaily Planet Daily reports: Asset management giant BlackRock’s staked Ethereum ETF, the iShares Staked Ethereum Trust ETF (ETHB), will begin trading on Nasdaq on Thursday. The fund will hold spot Ethereum and allocate a portion of its assets to network staking, allowing investors to gain exposure to ETH prices while also having the opportunity to earn staking rewards. ETHB is BlackRock’s third cryptocurrency ETF and its first to incorporate staking. Previously, the company launched the iShares Bitcoin Trust (IBIT) and the iShares Ethereum Trust (ETHA), with IBIT’s assets under management exceeding $55 billion and ETHA at approximately $6.5 billion. BlackRock stated that the inclusion of staking is designed to meet investor demand for earning income alongside ETH price exposure, while retaining the traditional financial advantages of ETFs in custody, trading, and asset allocation. (CoinDesk)
BlackRock’s First Staked Ethereum ETF to List on Nasdaq
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Summary
BlackRock’s first staked Ethereum ETF, the iShares Staked Ethereum Trust ETF (ETHB), will begin trading on Nasdaq on Thursday. The fund will hold spot Ethereum and stake a portion of its assets, providing exposure to Ethereum’s current price while generating yield. ETHB is BlackRock’s third crypto ETF, following the iShares Bitcoin Trust (IBIT) and the iShares Ethereum Trust (ETHA). IBIT has over $55 billion in AUM, and ETHA has approximately $6.5 billion. The staking feature is designed to meet demand for Ethereum-related exposure and yield generation while preserving custody and trading benefits.
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