BlackRock launched a yield-bearing $ETH ETF on March 12.


The SEC classified ETH as a commodity 5 days later.

The iShares Staked Ethereum Trust (ETHB) holds spot ETH and stakes 70-95% of holdings via Coinbase Prime. Investors receive 82% of gross staking rewards, currently 3.1% annually, paid monthly. First time a crypto ETF generates passive yield.

On March 17, the SEC classified 16 cryptocurrencies as commodities, including $ETH ‌. Five days after ETHB launched, retroactively validating its structure.

On March 19, the Ethereum Foundation began staking its own treasury. First deposit: 2,016 ETH. Total planned: 70,000 ETH.

Three institutional moves in eight days. Glamsterdam hard fork targeting June 2026. The foundation is being built before most retail participants look up. 📊#FedRateHikeExpectationsResurface
ETH1,96%
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