BlackRock filed for a staked ETH ETF
They just filed an S1 for the iShares Staked Ethereum Trust.
This is their first yield bearing crypto product, aiming to stake seventy to ninety percent of their ETH to generate returns for investors.
This is the deepest level of institutional integration with proof of stake we have seen so far.
Ethereum is holding above $3k and moves like this only accelerate mainstream adoption.
To be transparent ETH is my biggest holdings and I do plan on taking some profit once we break previous ATHs.
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Chris Verzwyvelt
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BlackRock filed for a staked ETH ETF
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