BlackRock Seeds Upcoming iShares Staked ETH ETF With $100,000, Plans to Stake Up to 95% of AUM

BlackRock provided initial capital of $100,000 for its forthcoming iShares Staked ETH ETF by acquiring 4,000 seed shares at $25 each, an S-1 filing shows. The fund is expected to trade under the ticker ETHB and may stake up to 95% of its assets under management.