BlackRock’s Ethereum ETF Staking Plan Gets SEC Nod – A Watershed Moment for Crypto?

Wall Street's crypto invasion hits hyperdrive as regulators greenlight BlackRock's bold ETH play.

The SEC just blinked—and the implications could reshape crypto markets for years.

Here's why institutional staking changes everything (and why your bank manager still won't understand it).

Bonus burn: Meanwhile, traditional finance still can't decide if blockchain is 'the future' or 'a Ponzi scheme'—classic hedge fund whiplash.

Why It Matters

ETHA is the biggest Ethereum ETF and has grown very quickly, it reached $10 billion in assets in less than a year. Bloomberg ETF analysts Eric Balchunas noted that since July 2, the fund has seen nearly $4 billion in new money coming in. That demand has helped push Ethereum’s price up by more than 50% in the past month.

Over the last month, Ethereum’s price has increased by over 50%. Right now, ETH price is getting close to the $4,000 mark as whale accumulation has begun. 

If approved, the ETH held by the Trust would be staked through trusted third-party validators. The staking rewards earned would be treated as income and added back into the fund. This could boost returns for investors while maintaining the structure and security of the ETF.

Also Read: SharpLink Names Ex-BlackRock Exec As Co-CEO For Ethereum Strategy