BlackRock has now joined the race to launch a staked ether ETF, registering the iShares Staked Ethereum Trust ETF in Delaware on November 19, according to a state filing highlighted by Bloomberg’s Eric Balchunas.
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The registration is just a preliminary step and not yet a formal application under the Securities Act of 1933, but signals that the world’s largest asset manager is preparing to seek approval for an ether product with a yield.
BlackRock’s move It came weeks after VanEck was registered A similar trust tied to Lido’s staked ETH, positioning issuers for the next phase of competition once regulators provide clarity on whether staking can be integrated into US ETFs.
The first wave of spot eth ETFs will be launched in 2024 without hesitation After the SEC told the issuers to wash the featureciting the view that some staking services may be unregistered securities offerings.
