BlackRock Files S-1 for Staked ETH ETF - Unchained

2025-12-09 13:20:35

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Asset manager BlackRock has officially filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the iShares Staked Ethereum ETF.

The fund will trade under the ticker ETHB and plans to stake between 70% to 90% of its holdings under normal conditions, mirroring ETH price movements while distributing yields quarterly after fees.

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Shares would trade on Nasdaq, with creation and redemption limited to authorized participants in 40,000-share blocks.

The new product would also remain separate from BlackRock’s existing iShares Ethereum Trust (ETHA), which holds about $11 billion in ETH.

The filing comes at a time when staked ETH already sits near an all-time high, while ETH on centralized exchanges reached near-record lows.

Data from a Dune dashboard compiled by @hildobby shows that $108 billion worth of ETH has been staked, amounting to 28.08% of total supply.

ETH-0.23%

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