BlackRock, the world’s largest asset manager, has officially filed for a Staked Ethereum ETF, a major step that could reshape how traditional investors gain exposure to crypto staking yields.
On December 5, BlackRock submitted its S-1 filing to the U.S. Securities and Exchange Commission (SEC) for the iShares Staked Ethereum Trust (ETHB). This follows the fund’s earlier registration in Delaware on November 19 — a move that initially sparked industry speculation but is now confirmed with the formal SEC submission.
If approved, ETHB would hold Ethereum and delegate a portion of those holdings to approved staking partners, enabling investors to capture staking rewards without directly interacting with Web3 infrastructure.
This marks BlackRock’s first ETF product to include an on-chain yield-generating mechanism — a milestone many analysts see as a “turning point” for institutional crypto adoption.
“Bringing staking rewards into a fully regulated, exchange-traded product opens a door that didn’t exist before,” one analyst noted. “It blends traditional finance with native crypto yield in a way retail and institutional investors can actually access.”
The filing arrives at a time of accelerating interest in Ethereum-based products across global markets. With the SEC previously approving spot Bitcoin ETFs and later Ethereum ETFs, BlackRock’s staked offering could be the next major catalyst if regulators give the green light.
The approval timeline remains uncertain, but industry observers anticipate that the review process will extend into early 2026.
Still, the message is clear: Wall Street’s biggest player is doubling down on Ethereum — and now, on staking.
