BlackRock Makes Another Move: Filing for Staked Ethereum ETF Prospectus Submitted to SEC

[BlockBeats] BlackRock has made a new move. The asset management giant recently officially submitted a prospectus for a staked Ethereum Trust ETF to the SEC (Form S-1), which means they are about to add another member to their crypto product lineup.

This is already BlackRock’s fourth crypto ETF product. Previously, they secured a spot Bitcoin ETF, a spot Ethereum ETF, and a rather unique “Bitcoin yield” ETF. Now, if this staked version of the Ethereum ETF gets approved, their product matrix will be even more complete.

Judging by their pace, BlackRock is indeed advancing rapidly in the crypto field. From the initial spot Bitcoin ETF to now the staked Ethereum ETF, they’ve basically covered different forms of mainstream crypto assets. However, whether they can get approval still depends on the SEC’s stance, since staking is still somewhat complex from a regulatory perspective.