BlackRock Launches Staked Ethereum ETF: Signaling a Shift in the Crypto Market

BlackRock has taken a major step towards mainstream adoption of Ethereum by registering a new staked ETH ETF. This signifies a growing interest in staking as an investment strategy and could significantly increase demand for ETH. 2022’s transition to proof-of-stake (PoS) opened up opportunities for investors, and now BlackRock is leveraging this with their trust product, “iShares Ethereum Trust.” The firm aims to provide exposure to both ETH price fluctuations and the potential rewards of staking without requiring users to actively manage the process.