US-based asset management company BlackRock has applied to list and trade shares of an investment vehicle tied to staked Ether, following its offering of other cryptocurrency products.
In a Friday filing with the US Securities and Exchange Commission, BlackRock filed a Form S-1 registration statement for its iShares Staked Ethereum Trust exchange-traded fund. The filing is part of the SEC’s process for companies to list investment vehicles such as ETFs, but does not guarantee approval.
The regulator has not greenlighted many crypto staking funds since initially approving spot Ether ETFs in May 2024.
BlackRock manages the largest spot Bitcoin exchange-traded fund, the iShares Bitcoin Trust ETF, which is listed under the ticker symbol IBIT.
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