BlackRock is increasing its crypto funding lineup with a brand new Nasdaq-listed product tied to Ethereum staking.
BlackRock on Thursday introduced its iShares Staked Ethereum Belief ETF, or ETHB, describing it as an exchange-traded product (ETP) that mixes spot Ether (ETH) publicity with “month-to-month revenue potential” by staking a portion of its ETH holdings.
The product expands BlackRock’s digital asset choices, which embody the iShares Bitcoin Belief ETF (IBIT) and the iShares Ethereum Belief ETF (ETHA). Each ETPs are the biggest of their class, with greater than $55 billion and $6.5 billion in belongings underneath administration, respectively.
“By bringing collectively spot ether publicity and staking rewards in an ETP, ETHB supplies traders with an vital new avenue to take part within the ecosystem’s evolution,” mentioned Robert Mitchnick, BlackRock’s international head of digital belongings.
ETHB will use Coinbase as custodian and staking supplier
According to a prospectus with the Securities and Alternate Fee, BlackRock’s ETHB will use Coinbase as its custodian and staking supplier.
The fund’s authorized validators are at the moment restricted to Figment, Galaxy Digital and Bitwise-owned Attestant.
Staking rewards are supposed to be distributed month-to-month however “no much less often than quarterly by the belief,” the submitting notes.
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At launch, ETHB provides a 0.25% sponsor charge with a one-year waiver, lowering the charge to 0.12% on the primary $2.5 billion belongings underneath administration.
Grayscale first to allow staking for Ether ETFs within the US
BlackRock’s Ether staking product arrives as a number of rivals have launched related choices.
Grayscale Investments, BlackRock’s largest crypto ETF competitor by belongings underneath administration, launched staking for the Grayscale Ethereum Belief ETF (ETHE) and the Grayscale Ethereum Mini Belief ETF (ETH) on Oct. 6, 2025, turning into the primary US crypto issuer to take action.
The corporate additionally enabled staking on its Grayscale Solana Belief (GSOL), which began buying and selling in late October. Moreover, Grayscale debuted the Grayscale Avalanche Staking ETF (GAVA) on Thursday.
Different issuers, together with 21Shares and REX-Osprey, additionally help staking Ether ETFs. 21Shares in February announced its anticipated 2026 distribution dates for staking rewards from the 21Shares Ethereum ETF.
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