BlackRock Lists iShares Staked Ethereum Trust on Nasdaq With Staking Yield Access

BlackRock has listed the iShares Staked Ethereum Trust (ETHB) on Nasdaq, offering U.S. investors exposure to Ethereum's price movements and validator rewards, CoinGecko reports. The trust is designed to stake between 70% and 95% of its ether holdings while charging a 0.25% sponsor fee, temporarily reduced to 0.12% on the first $2.5 billion in NAV or during the first 12 months of trading. Jessica Tan, Head of Americas for iShares, said the product responds to client demand for tools that reflect Ethereum's full economic profile, and the trust expands a BlackRock digital asset platform that oversees about $130 billion in assets. The launch comes as Ethereum trades back above $2,100 after a 2.8% overnight rise and as the total crypto market cap climbs 2% in 24 hours to reclaim the $2.5 trillion level.