BlackRock has announced plans to launch the first U.S.-listed Ethereum ETF with staking capabilities. The iShares Staked Ethereum Trust (ETHB) is expected in the first half of 2026 and will stake up to 95% of its holdings, distributing 82% of on-chain rewards to investors. This move transforms Ethereum into a yield-generating asset for institutions.
BlackRock plans to launch the first U.S.-listed staking-enabled Ethereum ETF, the iShares Staked Ethereum Trust (ETHB). The fund is expected to launch in the first half of 2026 and will offer investors up to 82% of on-chain staking rewards.
According to data from Arkham, the fund will stake 70% to 95% of its total ETH holdings. A liquid reserve will be maintained to handle investor redemptions.
The remaining reward percentage will be retained by BlackRock and its execution partner, Coinbase. The firm will charge a 0.25% sponsor fee for this hybrid model combining ETF liquidity with proof-of-stake income.
This product builds upon the success of BlackRock’s existing spot Ethereum ETF (ETHA). By incorporating staking, the ETF shifts Ethereum from a pure price exposure asset to one capable of generating yield.
The structure allows institutional investors to avoid managing validators and the associated operational risks. Staking rewards earned by the fund will be paid to investors through the regulated ETF system.
A large-scale staking ETF could lead to a significant portion of ETH being removed from circulation. This dynamic may provide long-term structural support for Ether’s price.
Ethereum is currently trading near $2,900, according to CoinMarketCap. Data from Glassnode shows approximately 36 million ETH, or 30% of the supply, is already staked.
A chart analysis shared by CryptoPulse indicates Ethereum is holding major support around $1,950. The analysis suggests that holding this level could open a path toward the $2,200 resistance area.
