Key Highlights:
- BlackRock files to amend Ethereum ETF to include staking
- The change would let ETH in the fund earn staking rewards
- Several other issuers are also pursuing similar ETF upgrades
- ETH-based funds have seen over $2.3 billion in inflows in just 9 days
New Filing Seeks to Add Yield-Bearing Functionality
BlackRock has submitted a proposal to the SEC via Nasdaq to allow staking within its iShares Ethereum Trust (ETHA). If approved, the ETF would be able to earn yield on its ETH holdings by participating in Ethereum’s proof-of-stake validation process.
The proposal modifies the ETF’s original terms, which excluded staking. New language now clarifies that the trust may engage in staking and receive rewards, which would be treated as fund income. While the SEC has not yet issued a decision, Bloomberg analyst James Seyffart predicts an approval could come as early as Q4 2025.
ETF Sector Eyes Ethereum Yield Potential
BlackRock’s move follows similar filings from asset managers like Fidelity, Grayscale, and 21Shares. The recent wave of filings signals growing institutional confidence in staking as a legitimate, regulated source of yield.
Ethereum ETFs have already seen a surge in demand, with $2.3 billion in inflows over a nine-day streak. ETHA alone attracted nearly $500 million in one day. BlackRock’s ETH ETF is currently the most successful in the market with over $7 billion in net inflows since launch.
