BlackRock just figured out the one reason serious ETH holders would not touch their spot ETF.
When US regulators approved spot Ethereum ETFs in 2024, they excluded staking entirely from the products.
That meant anyone who moved their ETH into an ETF had to forgo their staking income to do so. For many holders, that was a dealbreaker, and they stayed out.
BlackRock just closed that gap. The firm launched the iShares Staked Ethereum Trust (ticker: ETHB) on Nasdaq this week, making it the third crypto ETF in its lineup, following IBIT for Bitcoin and ETHA for spot Ethereum.
First day trading volume came in above $15 million, which Bloomberg Intelligence analyst James Seyffart called a very solid Day One for an ETF launch.
Here is how ETHB actually works. The fund holds spot ETH and stakes between 70% and 95% of those holdings through Coinbase Prime.
The Ethereum network currently yields around 3.1% annually on staked assets. After Coinbase takes a 10% cut and BlackRock charges its 0.25% sponsor fee, investors walk away with roughly 82% of gross rewards paid out monthly, landing at a net yield of approximately 1.9% to 2.2%.
For the first year, BlackRock is offering a promotional fee of 0.12% on the first $2.5 billion in assets, undercutting most competitors on day one.
The supply side implication matters too. Staking locks ETH out of circulation. If ETHB scales to match ETHA’s $6.5 billion in assets, that represents a meaningful chunk of supply pulled off the market permanently.
Other asset managers are already expected to follow with their own staked ETH products, which compounds that effect further.
BlackRock now holds over $55 billion in IBIT, $6.5 billion in ETHA, and its total digital asset exposure runs well beyond $60 billion.
Ethereum Price Prediction: Is This The Catalyst That Could Lead ETH to Explode?
ETH is sitting at $2,100, pressing right up against the $2,200 resistance level that has been the ceiling capping every push since the wedge started forming off the February lows.
The chart shows a clean rising wedge with price building higher lows since the $1,850 support held and bounced twice, and right now, price is making its most convincing push at $2,200 yet, approaching that level with more structure and momentum behind it than any previous attempt.
A clean break and hold above $2,200 opens $2,400 as the next target, and above that the full $2,750 level, which represents a 43% move from the current price.
The downside is also clearly defined with $1,850 as the first support that has already proven itself, and $1,750 as the deeper floor where the wedge trendline converges.
This Is Why Bitcoin Hyper Could Revive the Layer 2 Networks Narrative
Bitcoin is powerful, secure, and trusted. It is also slow as hell.
So most people just hold it, stare at the chart, and wait. Bitcoin Hyper is trying to change that.
Same Bitcoin security. Solana-level speed on top. That unlocks faster payments, staking, real apps, and actual on-chain activity instead of endless price watching.
The presale has already crossed $32 million. $HYPER is currently priced at $0.0136751 before the next increase hits. Early stakers are earning up to 37% in rewards.
When traders are hunting momentum, that kind of yield gets attention fast.
To buy HYPER before it lists on exchanges, simply visit the official Bitcoin Hyper website and connect a wallet (such as Best Wallet).
Visit the Official Bitcoin Hyper Website Here
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