BlackRock is increasing its crypto funding lineup with a brand new Nasdaq-listed product tied to Ethereum staking.
BlackRock on Thursday launched its iShares Staked Ethereum Belief ETF, or ETHB, describing it as an exchange-traded product (ETP) that mixes spot Ether (ETH) publicity with “month-to-month earnings potential” by staking a portion of its ETH holdings.
The product expands BlackRock’s digital asset choices, which embody the iShares Bitcoin Belief ETF (IBIT) and the iShares Ethereum Belief ETF (ETHA). Each ETPs are the most important of their class, with greater than $55 billion and $6.5 billion in belongings beneath administration, respectively.
“By bringing collectively spot ether publicity and staking rewards in an ETP, ETHB offers buyers with an essential new avenue to take part within the ecosystem’s evolution,” mentioned Robert Mitchnick, BlackRock’s world head of digital belongings.
ETHB will use Coinbase as custodian and staking supplier
In accordance to a prospectus with the Securities and Alternate Fee, BlackRock’s ETHB will use Coinbase as its custodian and staking supplier.
The fund’s accredited validators are at present restricted to Figment, Galaxy Digital and Bitwise-owned Attestant.
Staking rewards are supposed to be distributed month-to-month however “no much less continuously than quarterly by the belief,” the submitting notes.
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At launch, ETHB presents a 0.25% sponsor charge with a one-year waiver, lowering the charge to 0.12% on the primary $2.5 billion belongings beneath administration.
Grayscale first to allow staking for Ether ETFs within the US
BlackRock’s Ether staking product arrives as a number of opponents have launched related choices.
Grayscale Investments, BlackRock’s largest crypto ETF competitor by belongings beneath administration, launched staking for the Grayscale Ethereum Belief ETF (ETHE) and the Grayscale Ethereum Mini Belief ETF (ETH) on Oct. 6, 2025, changing into the primary US crypto issuer to take action.
The corporate additionally enabled staking on its Grayscale Solana Belief (GSOL), which started buying and selling in late October. Moreover, Grayscale debuted the Grayscale Avalanche Staking ETF (GAVA) on Thursday.
Different issuers, together with 21Shares and REX-Osprey, additionally assist staking Ether ETFs. 21Shares in February introduced its anticipated 2026 distribution dates for staking rewards from the 21Shares Ethereum ETF.
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