BlackRock Applies for Ethereum Deposit Staking in Spot Exchange-Traded Fund
In a significant move for the crypto industry, BlackRock Inc., the world's largest asset manager, has filed with the SEC for approval to stake Ethereum within its iShares Ethereum Trust. This move positions BlackRock to potentially enhance ETF returns through Ethereum's proof-of-stake protocol.
The filing comes amid growing institutional interest in crypto ETFs, with 21Shares, an institution that filed an application with the U.S. SEC in early July 2025, also seeking approval for an Ethereum staking ETF. If approved, BlackRock would be able to stake ETF-held Ethereum, integrating staking rewards into their product offerings.
The news of BlackRock's filing has had a notable impact on Ethereum's price, with a surge of 112.22% over 90 days. As of now, CoinMarketCap lists Ethereum's (ETH) price at $3,770.74 with a market cap of $455.17 billion, and trading volume reached $38.09 billion in the last 24 hours, reflecting a 7.66% change.
Sophia Panel, a cryptocurrency journalist with over 10 years of experience, has been closely following this development. Panel, who specializes in blockchain content strategy and SEO, has published over 500 blockchain-focused articles across various media and protocol blogs, including Coincu.com. Panel has also worked as a Blockchain Content Strategist at Polygon and a Blockchain Journalist at WazirX Insights.
In addition to her work in the crypto sphere, Panel is passionate about educating underserved communities about blockchain potential. She has led SEO campaigns that boosted traffic by 300% for major Web3 platforms and has experience in public relations and community growth. Panel has even authored a book titled "How to Read the Market Like a Pro," available on Google Books.
Moreover, Panel can be found on multiple social media platforms, including Facebook, YouTube, Pinterest, Gravatar, Google Scholar, Blogger, Stackoverflow, Tumblr, About.me, 500px, Mix, Pearltrees, Quora, Flickr, Goodreads, Reverbnation, Issuu, Myspace, Medium, Slideshare, Academia.edu, Instagram, Twitter, GitHub, Behance, Mixcloud, Wakelet, TikTok, Micro.blog, Open Library, Mastodon, Speakerdeck, SoundCloud, Podcasts.com, Podbean, Spotify, Podomatic. Panel has also been invited as a speaker at Indian Web3 Summits and global blockchain forums.
As the crypto market continues to evolve, it will be interesting to see how BlackRock's move into Ethereum staking ETFs impacts the industry. Stay tuned for more updates on this developing story.
