BlackRock launches Staked Ethereum ETF: Boosting Yields for Investors

BlackRock has taken a major step towards expanding investment options in the crypto market by registering a new staked Ethereum ETF. This move follows the successful launch of its flagship Ethereum ETF in July 2024, which drew $13.1 billion in investor capital. This new product aims to provide investors with consistent returns alongside price exposure, addressing a gap left behind by existing Ethereum ETFs that focus solely on price appreciation.