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JUST IN: BLACKROCK DOUBLES DOWN ON ETHEREUM
iShares has filed a new S-1 with the SEC for the iShares Staked Ethereum Trust ETF -- proposed ticker $ETHB.
This would sit beside their spot #BTC, spot #ETH and BTC income products as the 4th iShares crypto ETF.
Idea here? Investor choice. Some institutions don’t want staking yield showing up as income, others are actively hunting for it. So BlackRock is packaging both flavors of ETH exposure for #TradFi.
Every new filing like this pushes #crypto deeper into the mainstream rails. The #Ethereum game is evolving fast.