BlackRock has now joined the race to launch a staked ether ETF, registering the iShares Staked Ethereum Trust ETF in Delaware on November 19, according to a state filing highlighted by Bloomberg’s Eric Balchunas.
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The registration is only a first step and is not yet a formal application under the Securities Act of 1933, but it indicates that the world’s largest asset manager is preparing to seek approval for a yield-bearing ether product.
BlackRock’s move comes weeks after VanEck registered a similar trust tied to ETH staked by Lido, positioning issuers for the next phase of competition once regulators clarify whether staking can be included in U.S. ETFs.
The first wave of spot ETH ETFs launched in 2024 without staking after the SEC asked issuers to remove the feature, citing its view that some staking services could constitute unregistered securities offerings.
