Financial Giant BlackRock Files for Staked Ethereum Exchange-Traded Fund
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BlackRock has filed an S-1 registration with the SEC to launch the "iShares Staked Ethereum Trust ETF," trading under "ETHB." The ETF plans to stake 70-90% of its Ethereum, with Coinbase Custody Trust Company as the custodian and BNY Mellon handling cash holdings. BlackRock already offers spot Bitcoin and Ethereum ETFs, with ETHA being the largest spot ETH ETF.
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