Nearly two years after the launch of traditional exchange traded funds that track the performance of the largest altcoin, the world’s biggest asset manager is introducing a new staking based product.
BlackRock is launching the iShares Staked Ethereum Trust ETF, which will trade on Nasdaq under the ticker ETHB starting today.
The new fund will hold spot Ethereum and stake a portion of its assets under management in order to generate additional income from staking rewards.
According to reports, ETHB will become BlackRock’s first cryptocurrency investment product that combines direct spot exposure to a digital asset with rewards generated through staking.
Expanding BlackRock’s Crypto ETF Lineup
With this launch, BlackRock will now offer three spot cryptocurrency ETFs. The firm previously introduced the iShares Bitcoin Trust, which trades under the ticker IBIT, in January 2024. About six months later, it launched the iShares Ethereum Trust under the ticker ETHA.
Both funds have become leaders in their respective markets. IBIT currently manages more than 55 billion dollars in assets, while ETHA holds around 6.5 billion dollars.
The new ETHB fund will stake a portion of its ether holdings on the Ethereum network. This approach allows the fund to potentially earn additional returns through staking rewards while still reflecting the market price of Ethereum.
Providing More Choices for Investors
Jay Jacobs, the United States head of equity ETFs at BlackRock, explained that the launch is focused on giving investors more options.
He noted that while ETHA has already developed strong liquidity and an expanding derivatives market, some investors are looking for ways to maximize their overall returns by combining exposure to ether’s price with the rewards generated through staking.
Following the transition of Ethereum from proof of work to proof of stake, the network now allows holders to lock up their ether to help validate transactions and secure the blockchain. In return, participants receive rewards similar to yield in traditional financial markets.
Jacobs also pointed out that some investors who already hold ETH directly have been staking their assets and were hesitant to switch to an ETF because they would lose access to those rewards. The new ETHB structure is designed to solve that issue by allowing investors to retain the benefits of staking while also gaining the operational advantages that come with an ETF.
Ethereum ETF Market Growth
Since their introduction in July 2024, Ethereum exchange traded funds have attracted more than 11.6 billion dollars in cumulative net inflows. However, this total is lower than the all time high recorded in early October 2025 when inflows exceeded 15 billion dollars.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net
