BlackRock, the world’s largest asset manager, launched the iShares Staked Ethereum Trust (ETHB) exchange-traded fund (ETF) on March 12, integrating a third investment vehicle related to digital assets.
This product started trading on the Nasdaq Stock Exchange. Distinguished by being the first spot ETF in the US to incorporate an Ethereum staking mechanismwas announced by ETF specialist James Seifert.
Through this fund, investors will have direct access to the price of Ethereum’s cryptocurrency, Ether (ETH), while at the same time ETH holders lock their assets on the network to verify transactions and receive rewards in return.
Our cost structure includes a sponsorship fee of 0.25%. BlackRock will waive some of this fee for the first year, but Reduce to 0.12% Based on the initial $2.5 billion in assets.
Who is the custodian of the ETF?
American cryptocurrency exchange Coinbase acts as the sole administrator of the ETF, reaffirming its relevance in this sector by managing the ETF. 80% of crypto asset ETFs In the US.
Regarding the revenue structure, Seifert explained that the fund sells the rewards earned from staking and distributes them as dividends. Along with that Give your product an explicit dividend yield.
With this launch, BlackRock strengthens its leadership in the digital asset space, already managing the $55 billion iShares Bitcoin Trust (IBIT). and iShares Ethereum Trust (ETHA) at $6.5 billion. Both were published in 2024. It is also the third financial product linked to cryptocurrencies under the company’s management.
The new ETHB represents a major step towards the maturation of the US market, By normalizing Ethereum staking within traditional Wall Street portfolios.
Not the first ETF to include staking
iShares Staked Ethereum Trust (ETHB) is not the first to be involved in Ethereum staking. Last September, REX Shares and Osprey Funds jointly launched an Ether ETF with the ticker ESK. As reported by Criptonoticias, the product operates under the Investment Company Act of 1940, similar to mutual funds.
The viability of these instruments in the United States is supported by regulatory changes enacted by the Treasury Department and the Internal Revenue Service (IRS) on November 11, 2025. Publishes guidelines to promote profit generation from staking on Wall Street.
This regulatory move gave this activity clear financial recognition, ultimately allowing its use on an institutional scale and infiltration of traditional finance. In this way, BlackRock ETF is not just a new financial product; historical turning point For Ethereum and the entire cryptocurrency ecosystem.