BlackRock Incorporates Ethereum Staking for Institutional Investors

BlackRock has taken a significant step towards integrating Ethereum staking features, registering its iShares Staked Ethereum Trust in Delaware. This move, with the SEC’s potential acknowledgment of Nasdaq’s proposal to add staking capabilities to BlackRock’s existing ETH ETF, could lead to direct investor rewards upon approval. BlackRock, having previously navigated similar processes for both Bitcoin and Ethereum ETFs, is poised to capitalize on this opportunity. BlackRock will be able to stake the Ethereum held in its fund, earning rewards directly passed to investors, further solidifying their position as pioneers in this space.