BlackRock Launches Staked Ethereum ETF, Boosting Bitcoin Hyper Prospects

BlackRock is launching a new iShares Staked Ethereum Trust ETF, combining Ethereum price exposure with staking rewards. This marks a shift towards yield-bearing crypto ETFs, appealing to institutions seeking blockchain benefits without validator infrastructure risks.
The existing Ethereum ETF, $ETHA, launched in July 2024, has attracted approximately $13 billion but does not offer staking yields.
Bitcoin Hyper aims to address Bitcoin’s scalability issues via a Layer-2 rollup using wrapped BTC, enhancing transaction speed and DeFi utility while maintaining Bitcoin's security.
Bitcoin Hyper’s presale has raised over $28 million, offering 41% staking rewards and expanding its reach into DeFi applications like lending and DEXs.
The project's success aligns with the growing institutional interest in base-layer assets like Bitcoin and Ethereum, and the development of infrastructure that enables these assets to participate in DeFi.