BlackRock files for new Ethereum staking ETF called ETHB

Traders Union
All News
Crypto
Blackrock files for new

All news

Top Stories

Editors' Picks

Crypto

Financial News

Currencies

Market Voices

Companies

Regulators News

Central Banks News

Yaroslav Dmytrenko

09.12.2025

BlackRock files for new Ethereum staking ETF called ETHB — Ethereum staking ETF proposal shows growing institutional interest

BlackRock, the world’s largest asset manager, has officially filed to create an exchange-traded fund based on Ethereum (ETH) staking. If approved, the proposed product would hold Ethereum and earn staking rewards through approved validators.

The iShares Ethereum Staking Trust (ETHB) was first mentioned in November, when BlackRock registered the name in the state of Delaware. Now BlackRock has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for the proposed product.

According to BlackRock’s filing, the fund is designed to track the price of Ethereum and collect staking yield. ETF shares will trade on Nasdaq under the ticker ETHB upon approval, and only authorized participants will be able to create or redeem shares in large blocks.

The fund’s structure excludes leverage, derivatives, and lending, and it will operate purely as a simple passive investment vehicle. Coinbase Custody will serve as the primary custodian, while Anchorage Digital will be listed as an alternative option to diversify risk and enhance operational security.

Previously, the SEC under former chairman Gary Gensler viewed staking negatively, considering it an unregistered securities offering. However, with the change in administration and Paul Atkins taking the helm, the rules have become less restrictive.

The race for staking

BlackRock and VanEck are now among several issuers resubmitting or amending ETF filings to include staking. While others are modifying existing products, BlackRock chose to launch an entirely new fund, separate from the iShares Ethereum Trust (ETHA).

The likely reason is the volatility of recently launched Bitcoin and Ethereum funds. In the first week of December, both Ethereum and Bitcoin ETFs lost ground after a series of sharp mid-week reversals. Ethereum ETFs saw weekly outflows of $75.21 million, with BlackRock’s ETHA being responsible for nearly the entire decline.

Bitcoin ETFs performed slightly better. U.S. BTC ETFs recorded positive inflows of $54.79 million. The total net inflow now stands at $54.79 billion.

Still, Ethereum has gained nearly 13% over the past seven days. However, despite the rise, it remains stuck in a tight and stubborn trading range. ETH recently hit a resistance zone between $3,165 and $3,550 and pulled back, while support remains in the $2,745–$2,917 range.

As we wrote, BlackRock assets surge to $13.46 trillion amid record inflows

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.