Crypto Trends

BlackRock Files To Include Staking In Its Ethereum ETF

BlackRock has added to the raft of applications on the SEC’s desk seeking staking functionalities for crypto exchange-traded funds (ETFs) with a new filing. However, experts are predicting a long, winding application process for the BlackRock Ethereum ETF staking application, with a tentative date in 2026.

New Filing To Include Staking In BlackRock Ethereum ETF

Nasdaq has filed a proposal with the US SEC to amend its iShares Ethereum Trust (ETHA) to introduce staking functionalities. According to the filing, Nasdaq is seeking to eliminate a clause barring the staking of the ETF’s assets and inserting a new clause to permit the action.

Several asset managers have filed similar staking applications with the SEC but the timing of Nasdaq’s application is noteworthy. The latest filing comes after the US approved its pioneering staking ETF – the REX-Osprey Solana Staking ETF.

“The Sponsor may stake, or cause to be staked, all or a portion of the Trust’s ether through one or more trusted staking providers,” read the filing.

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

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