BlackRock's Staked Ethereum ETF ETHB to Begin Trading on Nasdaq March 12
BlackRock's staked Ethereum ETF ETHB will begin trading on Nasdaq on March 12, holding spot Ethereum and allocating part of its assets to network staking, CoinDesk reports. The structure is designed to provide investors with exposure to ETH price movements while offering the potential to earn staking rewards, marking BlackRock's first cryptocurrency ETF to incorporate staking and its third crypto ETF overall. BlackRock previously launched the IBIT and ETHA products, with IBIT's assets under management reported at more than $55 billion and ETHA at around $6.5 billion. The firm said the addition of staking functionality is intended to address demand from some investors seeking yield alongside ETH price exposure, while maintaining ETF features related to custody, trading and asset allocation.