Ethereum gets a double boost this week as BlackRock files for a staked ETH ETF and lower-timeframe charts show buyers regaining control. Together, the ETF push and improving market structure signal growing interest around ETH’s next move.
BlackRock launches separate iShares Staked Ethereum Trust targeting ETH price and staking rewards
BlackRock has filed a new registration statement with the United States Securities and Exchange Commission for an iShares Staked Ethereum Trust ETF that would hold Ether and capture staking yields for investors. The product would sit alongside the firm’s existing iShares Ethereum Trust ETF, creating a separate vehicle that combines spot ETH exposure with staking rewards.
According to the S-1 filing, the proposed ETF, expected to trade on Nasdaq under the ticker ETHB, will hold Ethereum in custody and stake a large share of those holdings. The trust plans to allocate roughly 70% to 90% of its Ether to staking under normal market conditions, while keeping the rest as a liquidity buffer to meet redemptions.
iShares Staked Ethereum Trust ETF Filing. Source: SEC
Coinbase Custody Trust Company will act as the primary custodian for the fund’s ETH, with Anchorage Digital Bank listed as an alternative custodian to diversify operational risk. BlackRock will rely on third-party staking service providers rather than running its own validators, while staking rewards will flow back to the trust, net of fees, and be distributed to shareholders on a periodic basis.
The filing starts the SEC review process but does not guarantee approval. A separate rule-change filing from the listing exchange is still required before regulators can set a formal deadline for a decision. If cleared, ETHB would add to BlackRock’s growing lineup of crypto products and offer U.S. investors regulated access to both Ethereum’s spot price and on-chain staking yield in a single ETF.
Ethereum Lower Timeframes Hint at Fresh Upside
Ethereum’s lower-timeframe chart shows price grinding higher from support, with buyers defending recent dips near the 2,700–2,800 dollar zone. The current structure holds a series of higher lows, which signals strengthening momentum after November’s pullback.
Ethereum Lower-Timeframe Chart. Source: CryptoJelleNL / TradingView
Analyst Jelle says ETH “looks very eager to push higher” and ties the next strong move to Bitcoin’s path. He expects Ethereum to gain pace once Bitcoin clears the 93,000 dollar level, as that breakout would likely unlock fresh risk appetite.
At the same time, the ETH/BTC pair also starts to base out, suggesting relative strength may rotate toward Ethereum. If this pairing extends its recovery, ETH could outperform Bitcoin for a period while spot prices follow the mproving short-term trend.
Source: https://coinpaper.com/12986/black-rock-files-a-staked-ethereum-etf-while-eth-signals-a-stronger-trend
