BlackRock to Launch Staked Ethereum ETF
Ethereum staking just got a big endorsement from the dominant player in the ETF market. BlackRock filed with the Securities and Exchange Commission on Monday for the iShares Staked Ethereum Trust ETF, which would expand its small but massively popular roster of crypto funds. It would be the first iShares product to utilize staking, or lending of digital tokens for the network’s consensus mechanism in return for additional ether. “Anything BlackRock does is significant,” said Eric Balchunas, senior ETF an ...