Blackrock Invests in Ethereum: Preparing for a Staking ETF Boom

Blackrock is taking a major step towards entering the burgeoning world of Ethereum-based investment products by registering a new trust called ‘iShares Staked Ethereum Trust’. This move marks their significant shift into crypto, following successful registration processes for Bitcoin and Ethereum ETFs. They’re now poised to submit an application for SEC approval, potentially unlocking the ability to invest in ETH holdings directly through their newly established ETF.