The new product combines digital asset exposure with income potential
BlackRock today introduced the iShares Staked Ethereum Trust ETF (Nasdaq:ETHB), an exchange-traded product (“ETP”) that provides investors with exposure to spot ether while potentially generating income by staking a portion of its ether holdings. ETHB expands BlackRock’s digital asset offering, which includes the iShares Bitcoin Trust ETF (IBIT), and the iShares Ethereum Trust ETF (ETHA), both the largest ETPs of their kind with over $55 billion and $6.5 billion in assets under management respectively.1
The iShares Trusts are not investment companies registered under the Investment Company Act of 1940, and therefore are not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940.
“Investors are increasingly allocating to digital assets as part of their strategic portfolio construction, and ETHB provides access to income and exposure to the asset in a convenient, transparent way,” said Jessica Tan, Head of Americas for Global Product Solutions at BlackRock. “We continue to innovate to meet client demand and expand access, while providing the transparency and risk management clients expect from BlackRock.”
Ether, as the native token of the Ethereum network, represents exposure to the expanding economic activity taking place on Ethereum, and the staking of the Trust’s Ether holdings offers an additional source of potential return.2 iShares now offers investors a choice between ether exposure (ETHA) and a staked option (ETHB) designed to provide income.
“As the world’s second-largest digital asset, Ethereum plays a central role in the long-term growth of blockchain adoption and the expansion of decentralized applications, including tokenization and stablecoin use cases,” said Robert Mitchnick, Global Head of Digital Assets at BlackRock.3 “By bringing together spot ether exposure and staking rewards in an ETP, ETHB provides investors with an important new avenue to participate in the ecosystem’s evolution.”
ETHB carries a 0.25% sponsor fee with a one-year waiver reducing the fee to 0.12% on the first $2.5 billion assets under management.4
BlackRock is a leading asset manager in the digital asset ecosystem, overseeing roughly $130 billion in assets across cryptoasset ETPs, tokenized liquidity funds, and stablecoin reserve management. iShares captured approximately 95% of industry flows into digital asset ETPs in 2025.5