Which staked ETH ETF was filed?

TLDR

BlackRock filed the iShares Staked Ethereum Trust ETF (ETHB), a staked ETH fund seeking SEC approval per an S?1 registration filing report.

1. ETHB would add staking rewards to ETH price exposure if approved by the SEC.
2. The filing outlines staking of 7090% of ETH and names Coinbase Custody, Anchorage, and BNY Mellon as providers in the prospectus summary.
3. A 19b?4 from the listing exchange is still needed to start the formal SEC review clock per coverage.

Deep Dive

1. Fund Details

BlackRocks iShares Staked Ethereum Trust ETF (ETHB) was submitted via an S?1, aiming to package ETH price exposure with staking yield inside an ETF wrapper. Coverage confirms the filing and name here.

The product sits alongside BlackRocks spot ETH ETF (ETHA) rather than modifying it, per multiple reports here.

2. Staking Structure

The prospectus indicates a plan to stake roughly 7090% of the trusts ETH, with a liquidity sleeve to handle redemptions and market conditions as summarized.

Custody and operations would rely on regulated partners, including Coinbase Custody for ETH, BNY Mellon for cash, and Anchorage as an alternative custodian in the same report. Another report notes the trust would be a passive staker, not running its own validators here.

3. Process and Timing

The SEC S?1 is only part of the path. A 19b?4 from the listing exchange (expected Nasdaq) is required to start the formal SEC decision timeline per coverage.

If approved, shares would trade under ticker ETHB on Nasdaq, giving mainstream access to staked ETH exposure as reported.

Conclusion

The staked ETH ETF filing is BlackRocks move to offer ETH price plus staking yield in a regulated wrapper. The key gating steps are the 19b?4 submission and SEC review. If approved, ETHB could make staking exposure more accessible, but net yield will depend on fees, staking partners, and operational risks highlighted in the reports above.