BlackRock Seeks SEC Approval for iShares Ethereum Staking Trust
BlackRock has asked the U.S. Securities and Exchange Commission to approve the iShares Ethereum Staking Trust, an ETF-style vehicle designed to provide institutional and retail investors exposure to staked Ether and its on-chain yields. The move, disclosed on Dec. 8, 2025, signals an assertive push by the asset manager into crypto-native income products and follows a noticeable shift in the SEC’s posture under its new leadership.
If approved, the trust could broaden access to staking rewards without requiring investors to run validators, potentially boosting institutional demand for ETH and reshaping custody and staking service markets. The application underscores growing regulatory tolerance for products that bridge spot crypto exposure and on-chain yield; the SEC review process may take months, but the filing itself is a notable milestone for mainstream crypto adoption.