BlackRock Files for Ethereum Staking ETF with SEC

BlackRock Files for Staked Ethereum ETF

BlackRock, the world's largest asset manager, has filed for a staked Ethereum ETF with the SEC.
The new fund complements the existing iShares Ether Fund (ETHA), which has over $13 billion in assets.
The iShares Staked Ethereum Trust ETF was registered as a statutory trust in Delaware on November 19.
The registration does not yet include product-specific details and requires further SEC documentation.
BlackRock joins other asset managers like 21Shares, Fidelity, Franklin Templeton, and Grayscale in pursuing Ethereum ETF offerings with staking features.
Spot Ethereum ETFs have seen outflows amid broader crypto market downturns.

Ethereum Price Insights

Ethereum's price dipped to around $2,850 but has recovered above $3,000.
Analyst CryptosRus notes that Ethereum is testing significant on-chain support levels around $2,800.
Retail wallets are reducing exposure, while large holders (10,000+ ETH) are accumulating, indicating potential bottom zone behavior.
Long liquidations remain low, suggesting reduced forced selling pressure.