BlackRock is preparing for the next phase of crypto ETFs, filing with the SEC to introduce staking for its iShares Ethereum Trust (ETHA).
The request, submitted via Nasdaq, comes after the agency approved the first-ever staking crypto ETF earlier in July.
The move signals growing institutional confidence, as ETH ETFs notch record inflows—$2.27 billion in July alone. BlackRock’s ETHA, the largest Ethereum ETF ($7.9B AUM), could gain an edge if staking is permitted.
Robert Mitchnick, BlackRock’s digital assets lead, has previously suggested that staking approval is inevitable. Competitors like Grayscale and 21 Shares are also vying for the same opportunity.
